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November 10, 2025
Question

I want to know how to most efficiently track org. budget versus actuals linked to donor budgets which may be in different currencies and period and also project cashflow

  • November 10, 2025
  • 1 reply
  • 2 views
How can I have multiple donor Budgets in different currencies straddling different periods (the periods may overlap the org. financial year but not be the same ) in Quickbooks while being able to keep track of shortfalls in the main org. budget (remember donor budgets may contribute to elements of the main org. Direct and indirect costs) automatically and also have periodic budget versus actual analysis for the overall org. Budget ad donor budgets coming from quickbooks with minimal manual intervention on Excel?

1 reply

JenoP
QuickBooks Team
November 10, 2025

Glad to have you here in the forum, Ranjeeta. I also want to thank you for taking the time to share the details about the features or type of data you need to manage the donations in QuickBooks Online.

 

For now, budgets can only be set up and run in your home currency. QBO cannot create a budget in a foreign currency. Aside from that, the Budget vs. Actuals report can only be run in a certain fiscal year. It cannot be run using different currencies straddling different periods.

 

To avoid significant manual work in Excel, your best option is to integrate a third-party app that offers complex budgeting, multi-currency, and non-fiscal period reporting features.

 

These apps pull the raw data from QBO and allow you to build custom reports that meet your donor requirements.

 

Here is how to look for an approved app within QBO:

 

  1. Go to the Apps menu, then proceed to the Find apps tab.
  2. Search for terms like budgeting, grant management, or advanced reporting in the Search bar.
  3. Filter the results to find apps that specify multi-currency and project/job costing support.

 

Don't hesitate to visit us again in the forum if you need anything else.