![]() You could edit these sections titles to something you and your client agree to make comprehension easier. Another common area of confusion is Equity accounts. Here’s an example, “Accounts Receivable” could be replaced with “Open Invoices” or “Long-Term Liabilities” could be “Bank Loans” or “Fixes Assets” could be “Property”. ![]() By labeling the sections with familiar terms clients have a greater chance of comprehension. ![]() If the goal of reporting is to share the financial position of the company then it makes sense to clear up as much confusion as possible, right? One way is to edit the section title on reports to help client understanding. Tip: If you make changes to a transaction on a statement, the statement will automatically update to match. Select Save, Save and close, Save and send, or Print or Preview. 1 hours ago Select the dates for the statements and the date range. How to Receive Payments in QuickBooksGet my free 2 hour QuickBooks Pro course with 17 videos to help you learn the essentials of QuickBooks Pro. The Chart of Accounts group and all related sub-accounts are grouped for easy reporting. Create And Send Customer Statements In QuickBooks Online. Each of the listed bank accounts is a sub-account of the group header Current Assets. For example, Current Assets typically refers to the bank account and funds available. When creating reports, each Chart of Accounts group is sectioned together on a report to make it easy to see like accounts. On every report, the section titles act as headers for the Chart of Accounts group. ![]() If you’re wondering what is being edited on the report, let me explain.
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