How do I create a Budget by class for Totals only?

I create more than one budget each year. Is there a way to enter the TOTAL annual budget allocation for each class & account and have QB complete the MONTHLY budget allocation? Right now, I open the budget, select the class, take the TOTAL budget allocation and divide by 12, enter the value into the first month and select COPY ACROSS. Then I fiddle with the slight difference (usually only a few cents) to make the Total budget calculated by QB match the actual budget amount to the penny. Very time-consuming!

It would be much quicker if the function would work in reverse: Enter the total Budget on the appropriate Account line and QB would distribute the total over 12 months.

Is this possible?

Answer

Thank you for sharing your feedback, impossible.

I’m glad to provide some information about creating a budget in QuickBooks.

There are a lot of reports which can give both overviews and details of your business situation. Also, you can customize them. However, the option to enter total annual budget allocation for each class to fill the monthly budget isn't available in the program. You’ll have to enter them manually for each month.

I can see how this feature can be useful to some of our other customers too. What I can do is I’ll be sending this idea to the Product Development Team to be considered into the next round of discussion.

You may also send a feedback directly to them. Just go to the Help menu, select Send Feedback Online and choose Product Suggestion.

That's it. If you have any other questions or would like me to clarify anything else about your account, let me know. I am always glad to help in any way I can.​ Enjoy the rest of the week. 

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IntuitMaryJoy , Community Support Specialist
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