This video guides you through running a general ledger report in QuickBooks. We explore the differences between a general ledger report and a standard P&L, focusing on displaying all transactions.
Key Steps:
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Navigate to the Reports section in QuickBooks.
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In the search bar, type "General Ledger" to locate the report.
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Select the desired date range for the report (e.g., all dates for a comprehensive view).
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The report will display all accounts, starting from bank accounts to various expense accounts.
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Optionally, customize the report to show only profit and loss accounts or specific expense accounts.
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To filter specific accounts, select the desired accounts before running the report.
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Click on "Run Report" to generate the general ledger report.
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Review the report to see all transactions within the selected time frame.
Cautionary Notes:
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Ensure the correct date range is selected to capture all relevant transactions.
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Double-check account selections to avoid missing important information.
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Verify the accuracy of the report before drawing any conclusions.
Tips for Efficiency:
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Use the search bar to quickly locate the General Ledger report.
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Customize the report to focus on specific accounts for a more targeted analysis.
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Save frequently used settings as a custom report for easy access in the future.
Contact C2 Accounting for any questions or clarifications regarding the general ledger report.