Management Reports help you offer your QuickBooks Online clients deep insights into their business through comprehensive financial summaries. You can also create a custom package of reports directly from your client’s books. There are two report templates to choose from:
1. Basic Company Financials: Includes a Profit & Loss Report, a Balance Sheet Report and a Statement of Cash Flows.
2. Expanded Company Financials: Includes all of the above, plus an A/R Aging Detail and A/P Aging Detail.
Use either template to create Management Reports in PDF or .docx format. Each report includes a cover page, a table of contents, optional pages for you to add your notes, and the reports themselves. Consider each template a starting point; most pages have fields that you can edit and customize, and you can add more reports as needed. You can even personalize each report to your liking. Hit “Save” and QuickBooks will remember your modifications, helping you work faster the next time you run a report.
You can access Management Reports through a tab in the Reports section of your client’s QuickBooks Online books.
QuickBooks Online updates
To better assist your clients, take a moment to review several key updates and changes recently made to QuickBooks Online.
Click one of the dates for full details:
• Dec. 22, 2014 Management Reports, payee column on bank feeds page, collapsible left navbar and more.
• Dec. 4, 2014 Customers split view, bank rule import, print blank table lines and more.
The information above was released by Intuit in their ProAdvisor Alert on January 26. It is republished in full as a service to our audience.