Running Reports in QBO to Analyze Growth

Name: Running Reports in QBO to Analyze Growth
Rating: 4.3 (17 reviews)

Learn to customize reports in QuickBooks Online, including the Profit and Loss Statement (P&L), Balance Sheet, Accounts

Created byAlicia Katz Pollock

Last updated 9/2023

English

What you'll learn

Know which Reports are available in each QBO version
Navigate the Report Center
Read a Profit and Loss (P&L) Report
Understand a Balance Sheet
Utilize the Company Snapshot
Use the Scorecard to compare yourself to similar businesses
Run Sales Reports
Run Expense Reports
Run Accounts Receivable (A/R) Aging Reports
Run Accounts Payable (A/P) Reports
Customize Reports with columns and percentages

Course content

2 sections • 14 lectures • 1h 47m total length

Book Excerpt0:02

The Reports Center8:30
Each version of QBO has a different set of report. Your choice of which version you need may depend on what kind of business analysis you want to do.
The Reports Interface10:21
Your Chart of Accounts is the backbone and foundation of your QBO. What is it, and how do you use it?
Manipulating Reports7:35
The Reports Center is divided up into groups of similar documents. Pour through all the options - you'll be amazed at all the ways you can slice and dice your data, to learn all kinds of new things about the business you do.
Reports for Taxes3:00
Profit and Loss Reports15:40
The Balance Sheet shows your company value - what money does it have, what money does it owe, and what's its net worth?
Balance Sheets11:16
The Company Snapshot shows you essential information through graphs.
Business Management Reports4:58
Intuit's Scorecard compares your company's income and expenses to others in a similar industry, regionally or around the country.
Sales Reports8:45
Run reports to analyze your sales by Customer and by Product or Service. Who are your best customers? What are your best sellers?
Cash Flow Reports8:16
What ARE you spending your money on? These reports will help you figure out why you make a lot of money, but your bank account is still low.
Customizing Reports12:03
Keep track of your Customers and the money they owe you with this set of reports.
Alicia's Favorite Customized Reports8:07
Keep track of your Vendors and the money you owe them.
Accountant Analysis8:01
While there are over 60 reports available, you can customize them and filter them to learn even more about your business and its trends.
Bonus: Additional QuickBooks Online Training Resources0:28

Requirements

You will need a subscription to QuickBooks Online. Note that if you want the Essentials or Plus versions, we can help you get a 20% discount!

Description

It’s time to analyze your business!

You’ve spent hours keeping your business records up to date, so now let QuickBooks reveal.

Who are your best customers? What products and services are your best sellers? Who owes you money, and who do you owe?

And of course, the most popular question:

WHERE DID ALL MY MONEY GO?

We’ll teach you how to customize your reports to pull the exact data you need, memorize your favorites for future use, and even email them every month automatically!

After taking this course, you'll understand the best ways to slice and dice your data, and make better decisions to help your business grow.

What You’ll Learn

What reports are available at each subscription level of QuickBooks
How to read a Profit & Loss report
How to read a Balance Sheet
How to read a Cash Flow report
A/R and A/P reports
Job Costing reports
Who are your best Customers?
What are your most lucrative services?
What are your best-selling products?
How to analyze your reports to decide what direction to grow in the future
How to customize reports to extract exactly what you want to see
How to memorize reports so you can run them again in the future
How to email reports to administration automatically

After completing this course, you will be able to

Identify the sections and accounts in a Profit and Loss Statement and Balance Sheet
Recognize more advanced reports that analyze your business performance
Recall how to customize reports to show you exactly what you want to know
List the steps to share reports with other people

Who this course is for:

Business owners and employees who maintain their company’s financial records
Entrepreneurs and new business owners who are just getting started, and want to make sure they have solid business knowledge so that they can succeed
Bookkeepers and Accountants who wish to brush up on their skills
Students and job-seekers will boost their employment marketability
Seasoned users looking to glean essential nuggets of information to make using QuickBooks easier and faster than before

Running Reports in QBO to Analyze Growth

What you'll learn

Explore related topics

Course content

Introduction1 lecture • 1min

Running Reports13 lectures • 1hr 47min

Requirements

Description

Who this course is for: