It is! I think I show this during the second half of the video. You need to download their template first. I then copied and pasted from the budge the Finance Committee set into this QuickBooks template.
To add a line to the budget, you need to add an account to your Chart of Accounts. The Chart of Accounts will determined the layout for the budget. Here's a post I did on the subject that may help: jctaccounting.com/2023/05/05/quickbooks-online-setting-up-the-chart-of-accounts/
Thanks
No problem
Hello Jeff, I would like to know if there is a possibility to import budget plan from Excel file into QBO Plus! Thank you!
It is! I think I show this during the second half of the video. You need to download their template first. I then copied and pasted from the budge the Finance Committee set into this QuickBooks template.
@@JeffPospisil Thank you so much!
Can you run an income statement compared to budget report?
You can, but it is usually called something different. I see Profit & Loss or Statement of Activities. That is the same thing as an Income Statement.
how to customize the budget line item or add a new line item in my budget
To add a line to the budget, you need to add an account to your Chart of Accounts. The Chart of Accounts will determined the layout for the budget. Here's a post I did on the subject that may help: jctaccounting.com/2023/05/05/quickbooks-online-setting-up-the-chart-of-accounts/
My version QBO Plus Global version, there is no option to import
I have the US version. I'm kind of disappointed at how slow QuickBooks is at rolling out features for the global version. Sorry!