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JuryL
QuickBooks Team

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I appreciate the step you've taken so far, Deadwood. I also recognize the importance of pulling up a report that compares actual results to the budget by class in QuickBooks Desktop (QBDT). I'll go further and share some information regarding this matter. 

 

QuickBooks Desktop natively shows reports by the class that demonstrate the actual income and expenses for each class and the budgeted amount for every General Ledger (GL) account. Once a P&L Budget by Class is created, the most relevant report to be generated is the Budget vs Actual Report.

 

Here's how:

 

  1. Go to the Reports menu.
  2. Choose Budgets and Forecasts.
  3. Click Budget vs Actual.
  4. Select the P&L Budget that you have created and click Next.
  5. From there, Choose Account by Class from the dropdown then next and tick finish.
  6. On the same page, you can customize the dates to pull up data from certain reporting periods and compare it to your Budget for specific income and expense accounts

 

More so, I attached this article to allow you to customize any report that you generate: Customize reports in QuickBooks Desktop.

 

I'll be here if you need anything else. QuickBooks Community is available 24/7. 

 

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