Description

In this presentation, author of QuickBooks Online for Dummies and Excel expert David H. Ringstrom, CPA, will guide participants through a comprehensive exploration of budgeting in QuickBooks. Topics covered include enabling Plus and Advanced users to create and edit budgets within QuickBooks.

David will compare manually updating budgets with performing calculations in a budget and importing budgets from Microsoft Excel. He’ll also review reports such as Budgets vs. Actuals reports. He’ll also show how to access free budget templates in Excel, along with how to create and compare budgets to actuals for those with a QuickBooks Online or Simple Start subscription, as well as those who simply want more control over their budgeting and reporting process. You’ll gain valuable insights and practical skills to optimize your budgeting processes in QuickBooks Online as well as Microsoft Excel.

David is the author of multiple editions of “QuickBooks Online for Dummies”. He demonstrates every technique at least twice: first, on a PowerPoint slide with numbered steps, and second, in QuickBooks Online or in the subscription-based Excel for Microsoft 365. David draws your attention to any differences in Excel 2021, 2019, or 2016 during the presentation and in his detailed handouts. The handouts include an Excel workbook with most of the examples he uses during his demonstrations.

Excel for Microsoft 365 is a subscription-based product that receives periodic feature updates. Conversely, perpetual licensed versions have year numbers in their names and do not receive any feature updates.

Learning Objectives: -

• Recognize the levels at which budgets can be created within QuickBooks Online.
• Define the acronym CSV with regard to a file that Excel recognizes.
• State which menu the Get Data command appears on in Excel 2016 and later.

Areas Covered in the Session: -

• Importing Excel-based budgets into Power Query.
• Editing existing budgets in QuickBooks Online.
• Performing calculations within QuickBooks Online budgets.
• Running the Budget Overview report.
• Copying inputs or formulas across multiple columns in a budget.
• Understanding which QuickBooks Online subscription levels offer the budget feature.
• Creating new budgets in QuickBooks Online.
• Importing budgets from Microsoft Excel.
• Comparing consolidated budgets with subdivided budgets, such as by location, class, department, or customer.
• Creating an importable budget template for QuickBooks Online.
• Accessing free downloadable budget templates that can be customized as needed.
• Comparing actual amounts versus budgets in Excel.

Who Should Attend:-
Professionals seeking to create budgets within QuickBooks Online or within Microsoft Excel.