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How to Edit a QuickBooks 2010 Budget

You can make adjustments to a QuickBooks 2010 budget that you've created. QuickBooks allows you to change the amounts you want to budget for each account that you've included.

1

Choose Company→Planning & Budgeting→Set Up Budgets.

The Set Up Budgets window appears.

2

Select a budget from the Budget drop-down list at the top of the window.

Find the budget that you want to work with.

3

(Optional) Select a customer from the Current Customer:Job drop-down list.

You typically budget by account. However, if you want to budget in finer detail by also estimating amounts for customers, jobs, or classes, identify specific customers from whom you expect revenue or for whom you expend costs.

4

Type the amounts you want to budget for each account in the appropriate month columns.

Revenue and expense accounts are budgeted as the amount expected for the month. Asset, liability, and owner’s equity amounts are budgeted as the ending account balance expected for the month.

To copy the budgeted amount for one month into the text boxes for the succeeding months, click the Copy Across button.

5

(Optional) If you find that the yearly total for an account isn’t what you want it to be, click the Adjust Row Amounts button.

The Adjust Row Amounts dialog box appears.

6

From the Start At drop-down list, select which month you want to start with.

Specify either the first month or the currently selected month.

7

Select the appropriate radio button, depending on whether you want to increase or decrease the amounts budgeted.

You can enter by how much you want to change the budget by entering either a dollar amount or a percentage in the text box to the right of the radio button you select.

8

Repeat Steps 3 through 7, as necessary.

Follow this process for each of the accounts for which you want to record budgeted amounts.

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