Create reports for HUD budgets in QuickBooks

QuickBooks Cash Flow Reports for Your Business

Q: I am using QB Pro 2010 for a Property Management company and they have required HUD budgets and reports that need to be completed. Can they be imported into QuickBooks and implemented into our company file?

A: You can definitely view budgets and reports required for HUD budgets within QuickBooks. It all depends on how your QuickBooks file is set-up with using items, chart of accounts, and other lists.

We worked with a few clients who were happy with QuickBooks budgets and reports. Some preferred viewing reports and then manually writing the figures on the HUD form provided by the authority.

Gita Faust

About the Author

Gita Faust has over 30 years of accounting experience in the real estate and property management industry, Gita Faust is more than just a real estate investor; she is also popular for her work as an accountant, consultant, mentor, speaker, QuickBooks Top ProAdvisor, QuickBooks Solution Provider, member of Intuit’s Trainer/Writer Network, and, of course, author. Gita is well-known for her exemplary leadership and advisory skills. In fact, she even helped pioneer the adaptation of QuickBooks to suit the needs of professionals in real estate and property management. To share her knowledge she has written a series of courses titled Simplified Accounting Solution, which provides step-by-step guidance for those working with QuickBooks.

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