Statistical accounts

Hey there, @bcpc-SEG.

I hope you're enjoying this beautiful day.

At this time, there's no way of creating an account for Statistics in QuickBooks Desktop. Your only options would be Income, Expense, Fixed asset, Bank, Loan, Credit Card, and Equity. I recommend checking https://apps.intuit.com to find an app that has accounts that can record statistical information. 

I understand how this could be beneficial to you and your business. If you'd like, I can submit feedback to our product development team, so this could be considered in a future update. 

Please let me know if there's anything else that I could help you with. You can always reach out to the Community or me anytime you find you have questions or concerns. Wishing you and your business continued success. Take care! 

Please add my vote in for statistical accounts in QB! 

I use two kinds of statistical accounts:

--Volume accounts:  Act like revenue and expense accounts that accumulate via transactions over the month and clear out at the end of the month.

-- Balance accounts: Act like balance sheet accounts that are measured at a point in time like month end.

Transactions (whether expenses or sales or journal entries) can book to both money and statistical accounts.  Examples: booking hours worked AND billings or Inventory units AND cost.

Waiting with breathless antici...pation!

Johnpc58

Hello, johnpc58.

I appreciate you letting us know this feature would be helpful for you as well. I'll submit an additional feedback request on your behalf for using both volume and balance statistical accounts in QuickBooks. These go directly to our product development team so it can be considered for a future update.

If there's anything else I can help with, I'm only a post away!

You can track non- financial data by setting up an account and contra account.  

Add my vote too

Add my vote for this feature too.  It will be useful to track billed hours, headcount, number of app users, etc.

Has any progress been made for entering Statistical Data in QuickBooks for financial analysis on statements?

Has any progress been made for entering Statistical Data in QuickBooks for financial analysis on statements?

Thanks for joining the Community, Countrylifefarm.

I can certainly understand how an ability to enter statistical data for financial analysis on statements could be useful and have submitted a suggestion about it as of today.

You can also submit your own feature requests while signed in.

Here's how:

1. In the top menu bar, go to Help, Send Feedback Online, then Product Suggestion....
   
2. Choose a Type of Feedback and Product Area (optional) from your available drop-down menus.
   
3. Enter any suggestions/feedback in the Here is my suggestion: field.
   
4. If you'd like, include your name/email in the My name is: (optional) and My e-mail address is: (optional) fields.
   
5. Select Send Feedback.
   

Your feedback's definitely valuable to Intuit. It will be reviewed by our Product Development team and considered in future updates. You can stay up-to-date with the latest news about your product by reviewing Intuit's Product Updates webpage.

You also have the option of checking our QuickBooks App Store for apps which may be able to help you achieve what you're looking to do.

If there's any additional questions, I'm just a post away. Have a lovely day!

Did you receive my request for Statistical data to be entered into QB?

@Countrylifefarm @eileenlgs @ilse14 @johnpc58 @bcpc-SEG 

We have built a tool for such functionality for further analysis. If you have a use case, we can get on a call and you can use our tool.

I have had to move several of my clients to something other than Quickbooks due to the inability to track statistics. I have seen a workaround that is very clumsy, but you can clean it up by exporting reports to Excel before presenting.  That is to use "Other Expense" as the type and set up both the account and a "contra-account" as the statistic.  Dr the account and Cr the "contra account" for the statistical value.  This will net to zero on for income purposes yet let you save the statistics needed.