What is the need of customizing financial reports?
The foremost reason for customizing your financial reports is that your data starts making sense once you customize your report according to your preferences. Because, the report will only be useful to you if you will be able to understand the report. The filters available in the customization module can be used to eliminate the extra details and pull in important additional data so you can easily zero-in on account specifics.
Also, narrowing the scope of reports will help you in learning more about how every part of your business affects your overall health. With the help of such insights you can take more informed and powerful financial decisions.To know more on why to you need to customize reports in QuickBooks callon QuickBooks support number.
How to customize financial reports?
• Using a consistent set of filters and display settings you can customize most of the reports. In order to simplify your analysis, they are useful in narrowing the scope of the data.
• Click on ReportsTab.To browse through the complete list of reports in QuickBooks Online choose “all” sub-tab. You can also use search bar to find any specific report.
• Reports can be customized in two ways and both the ways lead to the same customization modal:
1. Method one: click on the Vertical Elipses.PNG and then check mark next to a report in the list. Now, select “customize.”
2. Method two: Click the Customize Button.PNG button if you’re already viewing a report to apply customizations.
• At the top of the page, all the reports have a basic set of filters. These set of filters lets you to adjust the report period. Also, you can toggle between cash and accrual calculation of the report.
• A variation of following modal will appear once you click on customize (these filters vary from report to report):
• To bring up the nearly limitless customization optionsuse the expand arrows. It depends on you that how do you want to figure out which filters and display options will work the best for your needs.
1. Rows/Columns-With the help of rows/columns you can modify which columns and rows to display on reports.
2. Filter- With the help of filters you select specific accounts, sub-accounts, customers, vendors, and items that will appear on reports.
3. Header/Footer- With the help of toggle data tables and other information that will be appearing on reports, including date and time on which the reports were prepared.
To know more on how to customize reports in QuickBooks call on QuickBooks Phone Number 1 (855) 441 4436. You can also gather information about other topics of QuickBooks by visiting our website www.quickbookconsulting.net.
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