QBO does not yet have Budgeting Capability.  Comparing a company's balance sheet and P&L to the same companies own controlled internal spending IS NOT BUDGETING. THAT IS CALLED PLANNING AS A COMPANIES BALANCE SHEET AND P&L ARE NOT EXTERNAL FUNDING SOURCES TO A COMPANY AND ARE INTERNAL TO A COMPANY WHERE THE COMPANY HAS 100% CONTROL.    BUDGETING IS WHEN A COMPANY HAS TO MANAGE ITS SPENDING VERSUS AN "EXTERNAL FUNDING SOURCE WHERE LIMITS ARE ESTABLISHED BY OTHERS OUTSIDE OF THE COMPANY"-QBO Currently cannot do this.  One of the main issues is that QBO software developers do not seem to understand the difference between "Planning" VS "Budgeting" and QBO needs to get experienced business accounting professionals on staff that can advise on how to develop these features in the future.  QBO has does not yet have budgeting capability. What QBO currently has is capability for business can set its own internal targets for its own internal spending tracked by its own internal balance sheet or P&L (ie Planning). If a company has an external "professional services" new contract from a customer and the customer tells the company what the company $ contract spending limit and Time charging limit are QBO currently has no way for the company to provide reporting back the customer when employees have competed say 50% of budgeted contract time or when the company has completed 75% of the customer established contract $ budget. It is hoped QBO will establish budgeting capability at some point.