How to Collapse/Expand Reports in QuickBooks


Every version of QuickBooks software comes well-endowed with pre-set reports.  But better still, are the tools that allow the user to easily customize these basic reports to suit their individual needs.

 

 

For example, call up a standard Profit & Loss Statement.  As you will see, each account with activity in the period is listed individually.  Now, while this format may be preferred by accountants, it could be an overwhelming amount of detail for a high level review with management.

By using the Collapse and Expand button located on the report toolbar, the data can easily be reduced to a summary presentation listing only subtotal accounts.  From this view, it is more obvious which areas have the largest impact on results and bear closer scrutiny.  Once you have identified a subtotal to address, simply press Expand to reveal the underlying accounts.  When your discussion has concluded, Collapse again to move on to the next area for review.

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