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Replying to:
AlcaeusF
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Thank you for getting back to us, @HeiCon.

 

I can share some clarifications about budgets in QuickBooks Desktop.

 

There are two types of budgets that you can create in the system. You can either choose Profit and Loss (shows income and expense accounts) or Balance Sheet for your asset, equity, and liability accounts.

 

I suggest reviewing the account type of Conferences - Other to determine where it belongs. You can visit the Chart of Accounts by following these steps:

 

  1. Click the Lists tab at the top menu bar.
  2. Select Chart of Accounts.
  3. Review the account type. 

I've attached the following articles for your reference about creating budgets, as well as how Chart of Accounts works:

 

I'm only a few clicks away if you have any other questions. Wishing you and your business continued success.

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