Once you’re done synchronizing QuickBooks Online (QBO) with Budgeto, you must map your QuickBooks’s chart of accounts with Budgeto. Follow theses easy steps:
1- On the left side of your screen, you have your list of accounts from QuickBooks. You must associate each account with an account in Budgeto.
2- To associate an account with Budgeto, select an account from the drop-down menu (you can write down what you’re looking for to filter the menu). Select an account to link the QuickBooks account with Budgeto. When you do so, your account will now be associated. It is now at the bottom of the page in the Associated accounts section.
3- When associated, your QuickBooks account will appear in the right side of your screen (Budgeto View), so you can see where it will go in Budgeto.
4- If you make a mistake you can always go to the Associated accounts on the right side of the screen and change the association;
5- When you are done, click on Save & Import to import your data.
6- To be able to import financial data, you must complete the association of all accounts. If you don’t finish the association you can still save your work, but you will need to resynchronize in the Synchronize and Import menu to complete the association of unassociated accounts.
7- Once you’redone mapping your accounts and cicked on save & import, you will see this screen:
IMPORTANT: if you don’t carefully associate your QuickBooks accounts with Budgeto, there could be errors in your Historical Balance Sheet. You will not be able to see your financial reports in the VIEW PROJECTIONS menus if your historical balance sheet does not balance. Examples of frequently seen errors:
You map an account from your Profit and Loss in the Balance sheet;
You map an account from your Balance Sheet in the Profit and Loss.