Welcome to the QuickBooks Community, Praise. Let me provide some insights on including balance sheet items in your budget planning.
In QuickBooks Online (QBO) International, budgets are mainly used for tracking income and expenses in Profit and Loss reports. Budgets in QBO cannot be directly applied to balance sheet accounts or items.
In this case, you can use tools like Classesor Custom fields. These tools help you track and organize specific balance sheet-related transactions, including them in your financial reports. While QBO doesn’t allow direct budgeting for the balance sheet, these features can help you plan and monitor those activities.
Feel free to drop a comment below if you have further questions about managing budgets.
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