Jim Merritt - March 30, 2026

If you're using QuickBooks Online®, you're already sitting on a goldmine of data. The problem? Most business owners only scratch the surface with standard reports like Profit & Loss or Balance Sheet.

Custom reports are where the real power lives.They allow you to turn raw data into meaningful insights—tailored specifically to how you run your business.

Why Custom Reports Matter

1. See What Actually Matters to Your Business

Standard reports are one-size-fits-all. But your business isn’t.

Custom reports let you:

• Filter by specific customers, vendors, or products

• Focus on certain date ranges (weekly, monthly, seasonal)

• Drill into exact accounts or classes

👉 Example: Instead of a generic Profit & Loss, you can create one just for your most profitable service line.

2. Make Faster, Smarter Decisions

When your reports are customized, you stop guessing and start knowing.

You can quickly answer questions like:

• Which customers are most profitable?

• Where are expenses creeping up?

• Are certain services underperforming?

No more digging through multiple reports or exporting to Excel.

3. Save Time Every Month

Once you build a custom report, you can:

• Save it

• Reuse it anytime

• Even automate access for recurring review

That means no more rebuilding the same report every month.

4. Look More Professional

Custom reports aren’t just for internal use.

You can:

• Share them with partners

• Send polished reports to lenders

• Provide clean insights to clients (if you're a bookkeeper or consultant)

It instantly elevates your credibility.

How to Create Custom Reports in QuickBooks Online®

Step 1: Start with a Standard Report

Go to the Reports tab and choose a base report:

• Profit & Loss

• Sales by Customer

• Expenses by Vendor

Think of this as your starting point.

Step 2: Customize the Report

Click the Customize button and adjust:

• Date Range – This month, last quarter, custom dates

• Filters – Customer, vendor, account, class, location

• Rows/Columns – Group by month, customer, or product

• Display Options – Show percentages, comparisons, or prior periods

This is where the magic happens.

Step 3: Run and Review

Click Run Report and ask yourself:

• Does this answer a real business question?

• Is anything missing or unnecessary?

Tweak as needed.

Step 4: Save It

Click Save Customization, give it a clear name like:

• “Monthly Profit by Service”

• “Top 10 Customers by Revenue”

Now it’s always one click away.

Pro Tips for Better Custom Reports

• Keep it simple – Don’t overload with too many filters

• Name clearly – So you know exactly what it does later

• Create a reporting routine – Weekly or monthly review

• Duplicate and tweak – Don’t start from scratch every time

Final Thoughts

Custom reports in QuickBooks Online® turn your accounting system from a record-keeping tool into a decision-making engine.

If you're not using them, you're leaving valuable insights on the table.

If you are using them—even just a few—you’ll start to see your business more clearly, make better decisions, and save time in the process.

Need Help Creating Custom Reports for Your Business?

At QuickTrainer, we help business owners customize their QuickBooks Online®.

Let’s make sure your QuickBooks® software is working for your business.

📞 Call QuickTrainer at 910-338-0488
📧 Email: info@qti-wilmington.com
🌐 www.qti-wilmington.com

QuickTrainer, Inc. — Training and Support for QuickBooks® Users

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