Customizing Reports fastest bookkeeping in QuickBooks online

Are you ready to jump right into QuickBooks online and start using it? Well in this article of Customizing Reports fastest bookkeeping in QuickBooks online. We’re going to finish the remaining simple steps of the setup preparing your reports and names list.

If you have any questions about this topic you can leave them in the comments section below and I’ll do my best to help you and of fastest bookkeeping if you feel the article helped you I hope you will follow our blog and get updates on new articles that come out all the time.

Report Customize

There are very few remaining setup steps for this fastest bookkeeping we just have to put aside four specific reports because if you're doing abbreviated fastest bookkeeping in QuickBooks online those four reports are all you need.  

There are two sets of names that you have to put in the lists and QuickBooks online customers and vendors and that's as easy as typing up a list in any software. Where you're just putting in simple data so what are the four specific reports that you need. Well you need the   trial balance which is the summary results of all accounts in the chart of accounts. You need to see the profit and loss which will show the total of all the income accounts   the total of all the expense accounts and the final net income. You also need to put up transaction list by customer and transaction list by vendor and those names are self-explanatory so   for these four specific reports before we put them in a place that makes it easy to find. 

Each report must be set to show the results of all transactions regardless of date. Each report must be saved from the common reports section in to the custom reports section.  

So again these are the four reports – Trail Balance, Profit & Loss, Transaction List by Customer & Transaction List by Vendors.

Trail Balance

We need very simple in the left panel you click reports now if you click custom reports there are none of them. This is the place we're going to put aside the specific reports that we need. So we click standard and first we'll scroll down to the trial balance all the way at the end of the section that says for my account right at the bottom trial balance.  Click on it now it shows you the trial balance but what you need to do before you save it is.   click the pull down date option and choose all dates and then click run report and now you can see it doesn't say any specific date it says all dates now. That it looks the way we need it to look.   we click save customization and of fastest bookkeeping if we wanted to put a special name on it we could but let's just click save now. Why does that help us it helps us because we can click reports. Now click custom reports and just the ones we put aside are here.   so here it is trial balance.

Profit & Loss

 Let’s go back to the standard section and go down to profit and loss.  just the one that says profit and loss you see this click on it and again we have to click the pull down date option click all dates run report now it's showing the result of all dates now. We click save customization of fastest bookkeeping. We won't change the name but you could if you want to click save now when we click reports and custom reports you see that both of these are set aside   in a place that we can get to them very quickly and they look the way we need them to look.  

Transaction List by Customer

Let’s quickly do the other two reports standard go down here and you'll get to sales and customers.   You can just get transaction list by customer click on it remember the pull down makes it   all dates run report save customization and save.

Transaction List by Vendors

Let's do that for the vendor’s reports.  Standard go down to your expenses and vendors section transaction list by vendor all dates run report save customization and save now when we click reports custom we have right at our fingertips each of the four reports that will give us all the information we need in a second.

Add New Customer & Vendor

Now the last part of the setup is the most simple we're simply going to put in the names of the customers who pay us for service and the vendors whom we pay for the services. We need to run the business.

 

These are the names of the three example customers we will use and these are the names of the five example vendors we will use  but please note in this  fastest bookkeeping we will not spend time on additional name data such as address telephone number email address website and so on. It will be very clear to you how to reopen any name to add this data anytime you need. 

So let's   just take a look and read it off the way to enter the customers in your customer list   is to scroll to the section where it says customers click right here in the left panel. okay if it's your very first time coming here you have to click add customers manually now you have to put something in company because company is the most important field of fastest bookkeeping in a real situation you would fill out all the rest of the data and then of fastest bookkeeping.

 you  could reopen and change it but we will just click save and you can see you now have one customer on   your list Alan Arby. Click customers again and it appears as a list then you can go to the top right, click new customer and again the company name field is the most important one. save now. you have betty on the list click customer now you see the two customers. Here new customer company name save of fastest bookkeeping if you go back to the customer list and you wish to add a phone number or change an email address it's very simple click on the customer name and then click once that customer is in front of you simply click edit and you go back to the same   customer information you open before and you can put in any of these fields.