How To Create And Delete Budget In QuickBooks Desktop

It is very important to know,” How To Create And Delete Budget In QuickBooks Desktop”, for making your accounting data updated and clear. Generally, Many users of QBs don’t know about these features of Create And Delete Budget. This article is best for them, To know more continue to read:

QuickBooks is, indeed, a wonderful program that offers a whole lot of productivity features to small businesses. Managing budget is also a prominent feature in QuickBooks Desktop. The procedure for creating a budget in QuickBooks Desktop is easy and once you have successfully created it, you will be able to set up a budget for an account, customer, job or even a class within an account.

The process of creating a budget in QuickBooks Desktop requires that you enter budget amounts for the income/expense or balance sheet accounts that you wish to track. Post that you will be able to track actual ones over the budgeted amounts via budget reports. You can create and manage separate budgets for financial years. However, you can create only one budget for a particular fiscal year.

If you are new to this and need assistance with creating a budget in QuickBooks Desktop, do not worry. Our team of QuickBooks professionals at Bizimatrix will guide you through the procedure and get you started in no time. To contact our QuickBooks support center and avail on-demand technical assistance for QuickBooks round the clock.

Print Budget and Other Reports In QuickBooks Desktop

When printing a budget in QuickBooks Desktop, you can print additional reports as well, which may include:

  • Balance sheet report
  • Profit and loss report
  • Money arrangement report
  • Pay and cost projections report (for up to 5 years)

These additional reports pertain to the budget which you prepare in your QuickBooks Desktop accounting program.

How To Create And Set Up A Budget In QuickBooks Desktop

The steps given below will guide you through creating and setting up a budget in QuickBooks Desktop.


  1. Open QuickBooks Desktop and log in to your account.
  2. Go to the Company menu and select Planning and Budgeting.
  3. Click Set Up Budget.

Note: If you have already created a budget in QuickBooks, then you will be instructed to follow through the process, else a Create New Budget message will be displayed on your screen.

  1. Select the year you want to prepare a budget for that particular financial year.
  2. Choose the type of budget that you want to create.
  3. Enter additional criteria and instructions, if required.
  4. Signify if you want to start from scratch, then click the Finish button.
  5. Prepare your budget, then click Save to save your budgeting work.
  6. In the Set Up Budgets window, enter your Hide Plan.
  7. To save your work, select your option, then click the OK button and close the Set Up Budgets window.

Note: In case you don’t wish to save your work, simply click the Cancel button.

How To Delete A Budget In QuickBooks Desktop

You can delete a budget in QuickBooks Desktop by following the steps given below:


  1. Open QuickBooks and log in to your account.
  2. Go to the Company menu.
  3. Select Planning and Budgeting.
  4. Click Set Up Budgets.
  5. Choose the budget from the drop-down list that you wish to delete.
  6. Provide the Class or Customer: Job, if required.
  7. Click Edit, then click Delete.
  8. Choose Yes at the confirmation window.

The steps given above will help you to Delete a budget in quickbooks. You can
easily delete one or more budgets in QuickBooks Desktop which you don’t want in the list.

QuickBooks Budget Tutorial

The importance of QBs budget tutorial can’t be ignored due to the calculation of annual income and expenses.
Generally, few people know how to create a budget in QuickBooks Online. If you want to create then follow the mentioned guideline, otherwise contact our support team.

> Click Gear icon
> Setting(from drop-down)>Company setting
> Click on Advanced setting
Check out the first month of your fiscal year carefully to create.
> Click Done

Contact to QuickBooks Desktop Support 

If you need assistance on how to create and delete a budget in QuickBooks Desktop, reach our QuickBooks Desktop support. Our QuickBooks experts at Bizimatrix will guide you and provide effective solutions if you have any questions.

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