I work for a non-profit that has a contract with the State. In July, we get our annual budget, a lump sum, line item budget. Accounts are set up and we track expenditures. I was thinking to set it up so that Quickbooks could generate budget/actual reports, but I don't see where I can enter in the beginning budget amounts. I only see the screen with the annual amount and 12 months of columns. Am I supposed to divide by 12 or something? That's not really how we look at it in reality - so much per month. We have certain things budgeted and then the flexible monthly expenses.
The F1 Help wasn't very helpful.
I can keep generating things in Excel - just thought this would be a cool tool.
Am I missing something? I have Quickbooks 2009 for NonProfits.
Thanks