Essentials plan is the middle version of QuickBooks Online. The plan comes with main features like Vendor payables, time tracking, and recurring transactions which are not available in Simple Start plan. But it still lacks few other features like projects, purchase order, billable expenses to customers, class, location, budgeting and inventory which are available in Plus plan only.
These are the built-in standard reports available in Essentials plan (June 2018).
Business Overview (15 reports):
- Audit Log
- Balance Sheet Comparison
- Balance Sheet Detail
- Balance Sheet Summary
- Balance Sheet
- Business Snapshot
- Profit and Loss as % of total income
- Profit and Loss Comparison
- Profit and Loss
- Profit and Loss year-to-date comparison
- Profit and Loss by Customer
- Profit and Loss by Month
- Profit and Loss
- Quarterly Profit and Loss Summary
- Statement of Cash Flows
For General Ledger (GL) and Trial Balance, see below under “For my accountant” section.
Who owes you (11 reports):
- Accounts Receivable aging detail
- Accounts Receivable aging summary(1)
- Collections Report
- Customer Balance Detail
- Customer Balance Summary
- Invoice List
- Open Invoices
- Statement List
- Terms List
- Uninvoiced charges
- Uninvoiced time
Sales and Customers (12 reports):
- Customer Contact List
- Deposit Detail
- Estimates by Customer
- Income by Customer Summary
- Payment Method List
- Product/Service List
- Sales by Customer Detail
- Sales by Customer Summary
- Sales by Product/Service Detail
- Sales by Product/Service Summary
- Time Activities by Customer Detail
- Transaction List by Customer
What you owe (6 reports):
- Accounts payable aging detail
- Accounts payable aging summary
- Bill Payment List
- Unpaid Bills
- Vendor Balance Detail
- Vendor Balance Summary
Expenses and Vendors (5 reports):
- 1099 Transaction Detail Report
- Check Detail
- Expenses by Vendor Summary
- Transaction List by Vendor
- Vendor Contact List
Sales tax (3 reports):
- Sales Tax Liability Report
- Taxable Sales Detail
- Taxable Sales Summary
Employees (3 reports):
- Employees Contact List
- Recent/Edited Time Activities
- Time Activities by Employee Detail
For my accountant (15 reports):
- Account List
- Balance Sheet Comparison
- Balance Sheet
- General Ledger
- Journal
- Profit and Loss Comparison
- Profit and Loss
- Recent Transactions
- Reconciliation Reports
- Recurring Template List
- Statement of Cash Flows
- Transaction Detail by Account
- Transaction List by Date
- Transaction List with Splits
- Trial Balance
Manage Payroll:
(Once you are subscribed to the Intuit Payroll service, you should see the following reports)
- Time Activities by Employee Detail
- Recent/Edited Time Activities
- Payroll Summary
- Payroll Tax Liability
- Payroll Tax Payments
- Payroll Billing Summary
- Payroll Details
- Employee Details
- Payroll Tax and Wage Summary
- Workers’ Compensation
- Total Payroll Cost
- Payroll Deductions/Contributions
- Paycheck List
- Total Pay
- Vacation and Sick Leave
- Retirement Plans
- Multiple Worksites
- Employee Directory
My Custom Reports
You can customize many of the built-in reports and make it your own reports. Set up to automatically distribute by email. Awesome!
Management Reports
Professional set of ready-to-use management reports as prepared by accounting firms. Also, an ability to add additional built-in reports to the management reports. You can’t automate the reports at this time.
| If you found our answers useful then please contribute a few bucks to support this forum. Thank you! |
Sign up QuickBooks for a 30-day FREE Trial
QuickBooks USAQuickBooks Canada |