Budgets and Forecasts in QuickBooks Desktop

[@sheilaschmitt383]

You are a very good teacher. I get so much information from your videos. Thank you

[@delecias1]

Thank you Hector. I have watched many of your video's and you have been such a help!

[@HectorGarciaCPA]

delecias1 you welcome

[@mariafernandasanchez6459]

Hector! I have long time looking your training videos. Today, I realized you are from Venezuela. Me too. You are awesone, clear explanation and very helpful videos. Thank you.

[@HectorGarciaCPA]

María Fernanda Sánchez :)

[@The_Red_Pill__]

Thank you sue much! I was soooo looking forward to the iif export/import function. I will look for it on another video.

[@HectorGarciaCPA]

There is another video with in-depth budget export/import

[@jwcustomhats6995]

Thank You Hector!

[@HectorGarciaCPA]

You're welcome

[@iremgeorgia2582]

Great teaching - What could cause the new budget to not matching the Overview?

[@kellieoh6616]

Great video. I really enjoy your videos. You are amazing ! Very helpful, very useful and informative

[@HectorGarciaCPA]

Thanks!

[@valeries.mellof5837]

This is really geat Hector.....you explain things so well. Thanks so much!!!

[@HectorGarciaCPA]

Valerie S. Mellof thanks glad you liked it

[@jianrongyu8749]

thank you so much!

[@78musiksphere]

very nice straightforward presentation

[@HectorGarciaCPA]

first last thanks

[@emyjaneyabes3866]

I’m very new with QB. How do I create a budget for a small corporation for the very first time considering this pandemic. Corporation has operated for sometime.

[@nathaliekeurentjes1509]

Once i have chosen "no additional criteria" ... it says a budget already exists, can i delete and start fresh as it opens up blank ready to be filled in?

[@Loosewheel1000]

This was a great video. Thank you

[@HectorGarciaCPA]

Thanks.

[@joelperfecto9896]

How do I create a short cut for 'Set Up Budgets'?

[@TheBismila1]

Hello, Is quickbooks Entrprise on sale now? how much is it? Please let me know

[@gracedavenport1710]

Is there a way to do a 10 year projection?

[@tomnirk8275]

Is there anyway to just export a budget for a specific class?

[@HectorGarciaCPA]

I have never tried it

[@jeffnewriver]

Nice budgeting intro to a QB budgeting noob like me. May tell some friends...Thanks!

[@HectorGarciaCPA]

+Jeff Wynn :)

[@mariacarminacruz8155]

this video is very helpful to me. just want to know if quickbooks has a budget forecast per Item that you sell? not the total amount of Sales only.

[@HectorGarciaCPA]

maria carmina Cruz not “per item” no

[@user-xu4sy9hk6g]

Hi Hector, For the Profit and Loss Budget Performance Report, does it matter how you input the data into the budget? For example - can you put all of the budget into January or does it need to be spread over 12 months for that report to work correctly? Also, we are going to import the budget from Excel. If we do decide to put the budget all into January, will that work for an import? We would just need to put zeros for the other months? Thank you!

[@HectorGarciaCPA]

12 months

[@eem0007]

If a company uses QBO but also has QB enterprise for other entities can you upload the information from the entity that uses QBO to use this forecast option?

[@HectorGarciaCPA]

Yes, but conversions are very imperfect, I wouldn’t use this as a practice. Get a cash flow tool for QBO

[@normasmoley614]

Hector, I am enjoying these QB you tube videos! What if the company is run on a Fiscal Year beginning in July and not January?

[@HectorGarciaCPA]

+Norma Smoley change it in the company settings

[@lindahuffaker1450]

Hector is great!!!

[@HectorGarciaCPA]

Linda Huffaker thanks...

[@XAE_A_Xii]

can you do sales forecast by customer/by product as part of overall forecast? and does quickbooks offer cash flow forecast based on P&L forecast and credit terms with customers and verndors

[@HectorGarciaCPA]

O S you can’t do that in QB

[@XAE_A_Xii]

@@HectorGarciaCPA thanks. by any chance, can you suggest one, as it will make my life a lot easier. currently im on xero, which is ok but lacks the above-mentioned feates

[@mariafernandasanchez6459]

Hi Hector. Very helpful video. Thank you. I need to set up new accounts for the 2021 budget, I set up the budget with the information from the previous 2019 Profit and Loss by Account Budget. However, I have new accounts to be added to the 2021 Budget. Please, could you tell me how can I add these new accounts to the Budget that I am creating? I would appreciate your guidance.

[@HectorGarciaCPA]

Go back and edit the budget

[@mariafernandasanchez6459]

​@@HectorGarciaCPA Thank you for your quick reply. Could you give me more details? Do I need to edit the budget from the previous year? I am trying to edit the accounts and It doesn't allow me.

[@HectorGarciaCPA]

@@mariafernandasanchez6459 Not sure what you mean, just edit the budget you want whatver year you need.. and add the numbers to the accounts you want.

[@mariafernandasanchez6459]

@@HectorGarciaCPAThank you. I mean add new accounts in the Budget from the Chart of accounts.

[@Silverion26Gaming]

Hi Hector how I can do my budget from May to Dec instead the fiscal year default on Quickbooks pro 2018?

[@HectorGarciaCPA]

Silverion26 gaming and vlogs it’s by year and by month

[@lapeni28]

How can I export my information from an Excel to quickbooks?

[@HectorGarciaCPA]

Use an app called Transaction Pro Importer

[@boutroslocho]

thank you

[@HectorGarciaCPA]

You welcome

[@lindahuffaker1450]

Hector, do you know if it's possible to internally bill another division of same company in QB?

[@HectorGarciaCPA]

No..

[@HectorGarciaCPA]

There are some funky workarounds you could do with journal entries and classes... but the bill function, not really

[@xqbwayqfkhpnoubgdxiu561]

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