Budget - Comparing Budgeted Amounts to Actuals - How Do I?

BikerBear

Hi Folks,

New to QMac 2019. Have set everything up, just fine. However, I would really like to be able to establish a budget within QMac19 with the following scenario (or similar):

Column 1: List of categories
Column 2: Budgeted Amount (e.g. Food: $250, Vacation: $250, Pet Food: $50, etc.)
Column 3-15: Monthly actuals (Jan -> Dec)

This would allow me to see how my actuals are doing compared to what I have established as the maximum amount, per month, for each of the categories.

Does this make sense? Can it be done? If so, how do I?

TIA,

Richard

John_in_NC

You likely have Quicken 2020 as it was updated this fall.

I would use Quicken's Budget module as it will show you all what you are looking for. 



Play around with it to see your options-that will show you more than my trying to explain every detail. It is pretty self explanatory.

I do suggest you start with a few important categories first-quicken is going to want to add a whole bunch of them, and that might be overwhelming. I personally only focus on a few spending categories that I have discretionary control over.

John_in_NC

Click on Edit Budget to choose categories/enter your monthly goals:


Also note the icon to show hide the YTD summary. 

John_in_NC

You likely have Quicken 2020 as it was updated this fall.

I would use Quicken's Budget module as it will show you all what you are looking for. 



Play around with it to see your options-that will show you more than my trying to explain every detail. It is pretty self explanatory.

I do suggest you start with a few important categories first-quicken is going to want to add a whole bunch of them, and that might be overwhelming. I personally only focus on a few spending categories that I have discretionary control over.

BikerBear

Thanks John! Yes, sorry, I'm on QMac20 (d'oh).

I have used the Budget module, and it does look fairly straightforward. The only thing I can't seem to find is where I enter the monthly budgeted amounts, so that I can compare the trailing monthly actuals.

I, too, am focusing on a few spending categories.

John_in_NC

Click on Edit Budget to choose categories/enter your monthly goals:


Also note the icon to show hide the YTD summary. 

BikerBear

John, Thank you!!!!!

Your suggested solution is just what I was looking for..... Thanks again!