QuickBooks Online Accountants are able to create simplified financial statements by combining the existing Workpapers product with a new seamless workflow called “Groupings & statements”, allowing the creation of financial statements in just a few steps.
Groupings & statements users can:
- Create and organise groups for financial statements (for example, balance sheets and Income Statement)
- Deliver timely communication to firm users by adding notes to groups and accounts
- Work collaborative and seamlessly within their firm by adding attachments to groups and accounts
- Save time by utilising the “drag-and-drop” functionality
- Quickly share financial statement details with clients and colleagues by using the “export to Excel” and “export to PDF” functionalities