Using QuickBooks Budgets and Forecast Reports

Find Out How Your Company Is Performing

QuickBooks Budgets & Forecasts Reports
Intuit, Inc.

The QuickBooks Budgets & Forecasts Reports lets you see how well your company is performing and compare your actual revenues and expenses to your company’s budgeted amounts. You can use these reports to identify cost savings opportunities, possibilities for expanding on revenue sources and errors or omissions for incorrect accounting entries with these reports.

You will find a list of QuickBooks Budgets & Forecasts Reports along with a description of the information contained in the report below.


QuickBooks Budgets Reports give you information about your budgeted revenues and expenses.

  • Budget Overview: The Budget Overview Report gives you your companies budgeted monthly revenues and expenses.
  • Budget vs. Actual: The Budget vs. Actual Report lets you compare your company’s actual revenues and expenses to your company’s budgeted amounts, and gives you your variance so you know whether you are over or under budget.
  • Profit & Loss Budget PerformanceThe Profit & Loss Budget Performance Report is similar to the Budget vs. Actual Report, except that the actual revenues and expenses are compared to the budgeted amounts for the current month and current year.
  • Budget vs. Actual Graph: The Budget vs. Actual Graph gives you a graphical display of your budget-to-actual revenue and expense variances.


QuickBooks Forecasting gives you reports to assist with your company’s projections of future revenues and expenses.

  • Forecast Overview: The Forecast Overview Report tells you what your company’s monthly forecasted income and expenses are for a particular time period that you select.
  • Forecast vs. Actual: The Forecast vs. Actual Report gives you the budget-to-actual revenues and expenses or account balances compared to the forecasted or projected amounts.

    More QuickBooks Reports

    As one of the most popular accounting software programs for small businesses, QuickBooks has a comprehensive suite of accounting and financial reports to meet your reporting needs.

    QuickBooks has reports in the following areas:

      You can also customize these reports or build your own reports within QuickBooks to meet your specific reporting preferences. However, most small business owners will find that QuickBooks has enough pre-built reports to meet their accounting and financial reporting needs. Given that QuickBooks is a low-cost accounting software solution, with more versions available for an extra fee, it is a comprehensive accounting software solution for the small business owner.