One of the reasons why so many small business owners and professional accountants choose Quickbooks for their bookkeeping software is because of its versatility. It’s simple enough so that anyone can use it, regardless of experience level, yet it’s also loaded with features to customize the experience. Quickbooks even allows for the creation of custom reports — something that we’re going to discuss in greater detail today.
As you probably already know, Quickbooks comes loaded with several different report templates that display various information. But what if you want to change these reports and/or the way in which the information is displayed? Well, you can customize the default Quickbooks reports according to your own preference. It’s a relatively and straightforward process that should only take a couple of minutes.
To create a custom report in Quickbooks, fire up the software and navigate to the Reports page by selecting the Reports tab on the left-side navigation bar from the Home Screen. Next, go ahead and open the Profit and Loss report, followed by clicking the “Customize” button. Here you’ll see a plethora of different options to further customize the Profit and Loss report.
Now, if you are looking to create a custom Profit and Loss report that displays data by month, simply access the Rows/Columns settings and choose “Months” as the parameter in the Columns box. Next, access the Header/Footer and change title. This step is optional, although it’s recommended that you use a descriptive, unique title so you know that it’s a custom-made report. A good title, for instance, is “Monthly Profit and Loss,” as this describes what the report is.
When you are finished customizing the report, click “Save Customizations” at the top row to save the changes. You can then preview the report to see how it looks, and if necessary, make any additional changes. before using the report. The Profit and Loss report is just one of the many reports in Quickbooks that you can customize.
It’s recommended that you play around with these options to see what works best for your specific needs. There’s no single best way to create a custom report in Quickbooks, as each and every user has different needs. And besides, you don’t have save any of these changes. Just play around with the customization options so you get a better feel of the system and how it works.
Did this tutorial work for you? Let us know in the comments section below!