Question:
It appears that the new Financial Statement Designer program (QuickBooks 2005 Accountant Edition) does not allow you to prepare Budget vs. Actual or Budget Performance reports. These reports are available only in the Reports menu. Is this correct? Are there templates that can be downloaded from the website? Perhaps this can be customized in the FSD program but I am not seeing it?
Ps. Thanks so much for your Blog! You have been such a help in the past!
Answer:
You are right...best I can tell, budget amounts can't be included in the financial statement designer. My best searches didn't yield any results for templates that can be loaded into financial statement designer.
Frankly, I have not been overly impressed with the capabilities of the financial statement designer. It seems that all it does is improve the aesthetics of the reports that are already available.
If as an accounting firm you are using QuickBooks for write-up, you should look into some of the more robust write-up accounting software packages.
Creative Solutions write-up will allow you to format reports in any way you want. It also will interface with QuickBooks for your clients that do their own basic accounting. I know that some of these packages can get expensive, but they can pay for themselves many times over in improved staff efficiency and the billable value of the finished product.
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