For the third question, you can customize the report to get the actual income and expense. Here's how:
- Go to Reports.
- Click the Company & Financial, then choose Profit & Loss by Class.
- On the upper left, click the Customize Report
- Hover over to the Filters tab, and click the dropdown below the Account.
- Choose the All income/expense accounts.
- Hit OK.
I don't see how this would produce a report showing actual compared to budgeted by class. This is the critical piece of the puzzle! If classes are important enough to prepare a budget for, then they are certainly important enough to be able to know HOW WELL the operation is going in staying within class budget or exceeding or falling short of the planned (budgeted) result. Did I miss something, or did you fail to include a step to measure by class, or is such analysis not available in QuickBooks?
