Exciting Two New QBO Reports | QuickBooks

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New QBO reports? There are two amazing reports for QBO that has been created by the Intuit of QuickBooks, and the interesting thing is that they are igneous as well as responsive. As you know that in today’s world, all are busy with their work, so it is the best idea to retain these two reports because they both liberate our time to understand our data.

These new reports introduced by the Intuit are for Accounts Payable, and Accounts Receivable. Let’s get to the point and discuss the brand new Invoice Reports and QBO Bill. If you have trouble using this Contact our quickbooks Support team.

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Invoices Report And the Received Payments Report

Under this reports, we will be discussing how you can create the above reports for your company.

  • Start from the Navigation Bar.
  • Choose Reports inside the Navigation Bar.
  • Navigate toward Who Owes You into the report section.
  • Here, under the Who Owes You section select Invoices & Received Payments.

Do use of Invoices & Received Payment Report and see all individual customer name, and Payments and Invoices of theirs. There is a special thing the intuit has added to it and that is listed order. It is quite simple to understand because every single Payment will be shown as listed escorted by the Payment of Invoices paid.

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Some Amazing Feature Of This Reports

  • This report is available in three versions of QBO.
  1. QBO Simple Start
  2. QBO Essentials
  3. QBO Plus
  • You can click on Star to mark the report as a favorite that is available beside the name of every particular report.
  • You can export your report as a statement
  • Now you do not need to seek for Payment and Invoice number, as they will appear on the report itself.
  • The payment will still be enrolled with the associated invoice, even if the merchant service is used.

Bill Reports And Payments Report

The procedure for creating this reports for your company is quite similar to the last report we made.

  • Start from the Navigation Bar.
  • Choose Reports inside the Navigation Bar.
  • Navigate toward Who Owes You into the report section.
  • Here, under the Who Owes You section select Bills and Applied Payments.
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As I have told you earlier that the procedure is quite similar followed for the first report, is now used for this report. You can see every individual Vendor’s name, Bill payments, and Bills as it is allowed by the new Bills and Applied Payment Report.

The most amazing feature of this report is its hierarchy. This report is very easy to read and understand because in this report you will see every individual Bill Payment are listed and escorted by the Bill Payment of the Bill paid.

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Some Additional Features Of This Report

  • As the Simple start do not offers “Bills”, so it will not be available there. This option is only available for QBO Essentials, and QBO Plus versions.
  • As same as the last report we made, You can click on Star to mark the report as a favorite that is available beside the name of every individual report.
  • You do not need to worry about seeking Bill Number and Bill Payment, as they will appear on the report itself.
  • What if, if you have 13 Bills? This report can be exported as Bill stub with 13 bills. Because the report having 13 bills will only appear on the standard stub. It is really very good ideas of intuits for providing Bill stub exporting option.
Extra From New QBO Reports

Every subscriber of the QuickBooks may have not gotten the update for new reports when it was published because these reports are still rolling-out for Quickbooks users. QuickBooks USA users are about to get new QBO Reports by the end of this week or it make take a month also. After it, this update will be rolled out for the global version. Quickbooks Online Support is used to solve any type of Error.

Conclusion

The procedure of creating both “Invoices Report And the Received Payments Report” and “Bill Reports And Payments Report” is very easy for you to create them which is good because you just have to remember only one. One more thing I like about these new QuickBooks Online Reports is that intuits has done is exporting your report as a statement and Bills as Bill Stub. Intuit should have done this in their last reports updated. There are three versions of this report which comes with different features, which you may try as per your need.

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