Collapse General Ledger Feature - Accounting Software Secrets
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Collapse General Ledger Feature

Collapse General Ledger Feature

QuickBooks Tips & Tricks – Collapse General Ledger Feature

Based on user feedback, Intuit has added the ability to collapse or expand the general ledger report to Version 2003 and higher. This feature is similar to what was previously available on Balance Sheet or Profit and Loss reports. For any transaction that contains multiple detail lines, they can be collapsed into one line. For example, if QuickBooks payroll is being used, the payroll liability account will have numerous details lines, one for each of the different taxes. With the new version, the collapsed report will show the total of all of them with a memo of “multiple” rather than each line individually as is available on the expanded report.

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General Ledger