Get 50% OFF QuickBooks for 3 months*

Buy now
cancel
Showing results forΒ 
Search instead forΒ 
Did you mean:Β 
Announcements
Work smarter and get more done with advanced tools that save you time. Discover QuickBooks Online Advanced.

Reply to message

View discussion in a popup

Replying to:
IrishNinoJ
QuickBooks Team

Reply to message

Hello there, Deadwood Al. Let me help you manage your class reporting and budgeting in QuickBooks Desktop (QBDT).

 

For your first question, you can go to the Company tab. I'll outline the detailed steps below:

 

  1. Go to the Company, click Planning & Budgeting then choose Set Up Budgets.
  2. On the upper right of the page, click the Create New Budget.
  3. Click the arrow for your preferred year.
  4. Tick the Profit and Loss (reflects all activity for the year) radio button and hit Next.
  5. Tick the Class radio button and hit Next.
  6. From the Choose how you want to create a budget page, tick the Create a budget from scratch radio button and hit Finish.

 

After that, follow these steps on how to budget by class:

 

  1. From the Set Up Budgets page, click the Budget dropdown and choose your created class.
  2. Click the Current Class dropdown and input the amount in the field.
  3. To enter the amount for each class, repeat the step 2 process.

 

For the second question, you can run the report by following the steps below:

 

  1. Go to Reports.
  2. Click the Company & Financial, then choose Profit & Loss by Class.

 

For the third question, you can customize the report to get the actual income and expense. Here's how:

 

  1. Go to Reports.
  2. Click the Company & Financial, then choose Profit & Loss by Class.
  3. On the upper left, click the Customize Report
  4. Hover over to the Filters tab, and click the dropdown below the Account.
  5. Choose the All income/expense accounts.
  6. Hit OK.

 

Let me know if you have further questions about managing your class in QuickBooks Desktop. I'm always here to help.

Need to get in touch?

Contact us