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Work smarter and get more done with advanced tools that save you time. Discover QuickBooks Online Advanced.

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Replying to:
JeveeAdvin__la
QuickBooks Team

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Good day, 3100 Grand,

 

Welcome to your first post in the QuickBooks Community. I am here to help you change the report you want to pull accurately.

 

Let's first modify the accounts tied to products and services and expense transactions in QuickBooks Online (QBO):

 

For Product and Services:

 

  1. Go to Sales, then, choose Products and Services.
  2. Under the Action column, click Edit next to the desired product.
  3. In the edit window, update the Income account using the dropdown.
  4. Finally, click Save and close.

 

For Expense Transaction:

 

  1. Go to Expenses.
  2. Open the desired transaction and click View/Edit.
  3. Update the Category by selecting the new account from the dropdown list.
  4. Click Save and close.

 

When changing accounts for products/services and expenses in QuickBooks Online, ensure that these accounts match those selected in your budget settings.

 

When setting up or adjusting budgets to ensure consistency in financial reporting and budget tracking, here's how:

 

  1. In the upper right corner, go to the Gear icon.
  2. Under Tools choose Budgeting.
  3. For Run Budget vs. Actuals report drop-down menu, click View/Edit.
  4. Tick the appropriate boxes when setting up or adjusting budgets to ensure consistency in financial reporting and budget tracking.

 

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Now, we can access specific transactions in the report and select Budget vs. Actuals from the standard options.

 

You can open this article on how to customize reports in QuickBooks Online.

For your future reference, open this article: Export your QuickBooks Online Data.
 

Before we wrap up, I suggest you explore QuickBooks Live Bookkeeping to streamline your accounting, maintain precise financial records, and access professional support. This could free up valuable time, allowing you to concentrate on expanding your business.

 

Feel free to reach out anytime if you have any questions or concerns about managing your QBO report account. I am here to assist you further. Have a nice day ahead.

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