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Replying to:
IamjuViel
QuickBooks Team

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Let me share additional information, @Karrteam.

 

The data on the Actual column depends on the data you entered in QuickBooks. Also, the comparison of data depends on the filter that you set when running the Budget vs. Actual report.

 

Ideally, the calculation would be Actual - Budget.  If you choose to compare your Actual transactions vs the Budget and you want to show the remaining amount, here's how it will look like:

8.GIF

  • If your budget is higher than the actual income, the Remaining column will display a positive amount. However, if the Actual Income is higher than the Budget, it will display a negative amount.

On the other hand, if you choose to compare and display the over budget, it will look like this:

9.GIF

  • If the budget is higher than the actual income, the Over budget column will display a negative amount. However, if the Actual Income is higher than the Budget, it will display a positive amount.

Leave your comments below if you have other questions managing your income and expense transactions. I'm always here to help.

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