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Thursday, November 22, 2018

Various ways of customizing QuickBooks Reports

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When we talk about the most effective accounting software in the market, then the first name which pops up in our mind is QuickBooks. The main reason behind the popularity of the software and 1.7 million users, is its diverse accounting tools and user-friendly functionality.

The accounting needs of small and medium-sized businesses are different from business giants and that’s why QuickBooks has been designed by keeping the accounting needs of SMEs and it fits in like a glove in such requirements.  But while listing some of the most effective features of QB, one can’t ignore the capability of QB to generate detailed and easy to understand reports.

QuickBooks reports are very useful and it offers a wide array of variety for the users. In addition to giving in-depth details, it also plays a key role in major decision-making of the business. You can also tailor the content and the look of the reports generated in QuickBooks and can customize the data, add or remove header or footer, add or remove columns and personalize the font and style of reports.

How to customize QuickBooks reports?

·         First of all, you need to go to QB dashboard
·         Then run a QuickBooks report
·         After that, go to the report window and then click on Customize Reports
·         Finally, go to the modify report window and then navigate to the tab which you need to upgrade and click on OK after finishing.

Which options can you customize?

     v Display Tab

      The information displayed on the report is determined by the display tab. There are various elements in the display tab which you can customize according to the report you run.

·     Report Data Range
You can choose the dates which will be covered by the report and for doing so, click on the date and select from the drop down date range, or you can also enter the date manually by selecting from the calendar.

·     Report Basis
You can choose from the available report basis options which are: Accrual basis and cash basis.

·    Columns
Some reports in QB like the Balance sheet and Profit and Loss only have display columns by drop down where you can customize the column to appear in the way you want.
Open Invoice and Unpaid bill detailed reports and on the other side, provide a list which can be used for columns. If you have set custom fields and these fields get added to form templates, then they will also appear in the columns list. For keeping or removing a column, choose the data.
A sort by drop down menu allows you to choose how your data will appear. It specifies how the reports shorts within the subtotal.

·   Advanced
When you click on the Advanced button, there are various options displayed under it and they vary according to the report you have generated.
In reports like, General Ledger, Custom Transaction details. Sales by customers, Vendor Balance details, etc., you get the following options

Include: This specifies QB to which of the accounts, name, item, etc. will be included in the report. You can select from the option of All and In Use. 

Open Balance/Aging:Specifies QB to the effective date of report. You can choose from Current and Report Date.
In reports like Profit and Loss, Balance Sheet standards, etc., you have Display Rows and Display Columns which commands QuickBooks to display particular and columns in the report. You get the options of Active, All, Non-Zero and Reporting Calendar in it.

v  Filter Tab

It allows you to restrict the data of the report to selected criteria. You can filter a report by following the below-mentioned steps
 ü  In the modify report window, select the Filter tab
ü  From the list of filter, select the filter which you want to apply
ü  In the detail information of the Filter, choose or enter additional information that QB requires for the filter to work properly
ü  From the available filter choices column, highlight a filter which you want to delete and then click on Remove Selected Filter
ü  Now Click on Ok

v Header/Footer Tab

It helps you to customize the information that will appear at the top and bottom part of the report. Check or uncheck the box for the information which you want to add/delete. For changing the alignment, click on Alignment dropdown.
This tab allows you to customize the style and appearance of the report. For changing the font, follow the below mentioned steps.
 ü  Select the area which you want to modify.
ü  Then click on Change Font
ü  Now go to the Column labels window, change the font, its effect, and color
ü  Click on OK
ü  Finally, you will see changing font window, click on Yes to apply the changed which you have made.

v  Foots and Numbers tab 

This tab allows you to customize the style and appearance of the report. For changing the font, follow the below mentioned steps.
 ü  Select the area which you want to modify.
ü  Then click on Change Font
ü  Now go to the Column labels window, change the font, its effect, and color
ü  Click on OK
ü  Finally, you will see changing font window, click on Yes to apply the changed which you have made.

QuickBooks reports can be easily customized in various ways and it allows you to personalize the generated reports in the way you want. Follow the above-mentioned steps and make the most of QuickBooks reports.  But if you really want to unleash the real power of QB then choosing from the best QuickBooks cloud hosting service providers and going for QuickBooks hosting is the best option.


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