Imho, QuickBooks (i.e both QBO and QBD) allows you to create a budget. One budget for each business year – that’s it. Afaik, you can’t have version A and version B of the budget for next year unless you store them outside of QuickBooks in Excel. The budget tool in QuickBooks acts like a mini-spreadsheet and allows you to copy in numbers from a prior year or post them from scratch. You can then run several budget vs. actual reports to see how the business is doing. However, don’t expect a lot out of the budgeting tool. If you need advanced budgeting features, you will want to explore a budgeting add-on program for QuickBooks or a project management app and integrate it with your QBO.