Changing a budget

  1. Choose Company > Set Up Budget.
  2. Select the budget you want to change from the Budget pop-up menu.
  3. For an income or expense account: Enter the projected amount of income or expense for that account for each month.
  4. For a balance sheet account: Enter the projected ending balance of that account for each month.
  5. Type the budget numbers in the column next to the account you want to change.

Tip: As a shortcut, you can enter an amount in the Total column, and QuickBooks will calculate the monthly and quarterly amounts.

Tip: Right-click a cell and use the contextual menu items to speed your data entry. You’ll see Fill Right, Copy Across Row, and Clear Row.

QuickBooks displays the columns in your budget according to the preferences you’ve set (Preferences > My Company > First month is fiscal year). If you change these preferences, you’ll need to refresh your budget to see the new column arrangement.