QBO provides tools to create detailed budgets based on all of the following EXCEPT ________ .

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BlackTom AI · Accepted Answer

Let's break down the question by identifying what QuickBooks Online (QBO) budgeting tools typically support. 
Option 1: Projects. In many QBO setups, budgets can be aligned with project-based activity, allowing you to forecast expenses and revenues at the project level. This makes sense for firms that manage jobs or client engagements with distinct scopes. 
Option 2: Fiscal year. Budgets are often organized around a fiscal year to provide annual planning and comparison against actuals over a standard 12-month period. This alignment with calendar or fiscal years is a common feature in budgeting modules. 
Option 3: Customers. Budgets can sometimes be structured around customer or customer groups to project revenue or profitability by client, which helps in client-level financial planning and performance tracking. 
Option 4: Employees. While payroll and headcount planning can influence budgets, many budgeting tools in QBO do not natively provide a budget tab or budget creation workflow that is directly based on the number of employees as a core budgeting basis. Employee-based budgeting is less common as a standard feature in QBO’s budgeting experience and often requires manual adjustments or advanced reports rather than a built-in budgeting basis. 
Putting these together, the options for budgeting bases that are typically supported include projects (for job or job-cost style budgeting), fiscal year (period-based budgeting), and customers (client-based budgeting). The one that stands out as not being a standard budgeting basis in many QBO configurations is employees, which would require extra steps beyond the standard budgeting setup. 
Therefore, when considering which item is not a standard basis for creating detailed budgets in QBO, the reasoning points toward employees as the EXCEPT option. 
To summarize the potential confusion: projects, fiscal year, and customers have clearer paths within budgeting workflows, whereas employee-based budgeting is less commonly provided as a native, straightforward budgeting basis in QBO, making it the likely exception.

QBO25E1 - QuickBooks Online Module 13 Quiz

QBO provides tools to create detailed budgets based on all of the following EXCEPT ________ .

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