Managing Budgets Quickbooks Online
Author: David H. Ringstrom
| CPE Credit: |
2 hours for CPAs |
In this course, 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 with 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 that 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 “Exploring Microsoft Excel's Hidden Treasures: Turbocharge your Excel proficiency with expert tips, automation techniques, and overlooked features”. He demonstrates every technique at least twice: first, on a PowerPoint slide with numbered steps, and second, in the subscription-based Excel for Microsoft 365. David draws your attention to any differences in Excel 2021, 2019 or 2016 during the course 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, perpetually licensed versions have year numbers in their names and do not receive any feature updates.
Publication Date: September 2024
Designed For
Professionals seeking to use create budgets within QuickBooks Online, or within Microsoft Excel.
Topics Covered
- Creating an importable budget template for QuickBooks Online
- Importing budgets from Microsoft Excel
- Running the Budget Overview report
- Manually updating QuickBooks Online budgets
- Archiving budgets in QuickBooks Online
- Comparing actual amounts versus budgets in Excel
- Enabling or disabling AutoSave for QuickBooks Online budgets
- Importing Excel-based budgets into Power Query
- Creating new budgets in QuickBooks Online
- Creating budget reports by way of SpreadsheetSync in QuickBooks Online Advanced
- Comparing consolidated budgets with subdivided budgets, such as by location, class, department, or customer
- Performing calculations within QuickBooks Online budgets
Learning Objectives
- Recognize the levels that subdivided budgets can be created at within QuickBooks Online
- Recognize how to define the acronym CSV with regard to a file that that Excel recognizes
- State which menu the Get Data command appears on in Excel 2016 and later
- Identify the type of arithmetic calculations that can be carried out within a QuickBooks budget amount field
- Identify the file format that is valid for importing budgets into QuickBooks Online
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Specialized Knowledge and Applications (2 hours)
Program Prerequisites
None
Advance Preparation
None
