RE: What I really meant was after entering all the class budgets, could I print a P&L that is not by class, and the total budgeted amounts on such a report would equal the total of all of the individual class budgets?

Oh. Yes, given that the budget by class exists, then you can create a budget vs. actual report for the overall budget, by account.

When you run the budget report, you're given options on how to structure it. Choose account my month:

Then the report will look like this:

Also, on this report by date period, you change it to Year or All or other period as needed instead of Month.

RE: Also, your sample shows a wide report of a number of classes for the P&L: if I assumed that I could run a P&L actual to budget for only one class, would I be correct?

Yes, you can start with a budget report that shows/includes all of the classes and then filter it for only one class.