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June 12, 2021
Question

Hi. I am preparing my financial statements using quickbooks online and wanted to know whether there is a functionality for disclosure notes to financial statements?

  • June 12, 2021
  • 1 reply
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1 reply

Level 9
June 12, 2021

Help is here, fmaseke@gmail.co.

 

You can use footnotes to your financial statements. This option can be found when you open a financial statement report and click Add notes. I'll show you a sample screenshot below:

 

 

 

 

Another way is to export the report/statement to an excel file and manually add the notes from there. (See attached screenshot below).

 

I also suggest asking for help from your accountant to be guided on the proper ways to handle this situation while working with your financial statements.

 

For additional information about Note Disclosures to Financial Statements, check out this article: Financial Statement Preparation: Note Disclosures.

 

I'm always here whenever you have questions about managing financial statements. Have a nice day!