How to Run Common Size Reports in QuickBooks Online | QuickBooks Online Tips

Описание: Ever wonder why your profit & loss statement doesn’t give you the full picture? In this video, Katie, CEO of Certum Solutions, walks you through how to run common size financial reports in QuickBooks Online (updated for 2025), and explains how to use them for smarter business decisions.

🔔 Subscribe Now:    / @certumsolutions  

You’ll learn:
💡 What common size P&L and balance sheets really show you
💡 Why this method is better for tracking growth
💡 How to spot margin leaks and expense creep
💡 Tips for benchmarking vs. past performance

📅 Book a free discovery call → https://www.certumsolutions.com/book-...

📩 Want to automate your reports and stop manually tracking KPIs?

💬 Questions? Leave them in the comments. We may even create a video on it!

Contact or Connect with Katie:
📧 [email protected]
📲 980-290-8583

Office Phone: 980-210-6946
Email: [email protected]

🔔 Subscribe for weekly insights on accounting, business strategy, and smarter software use:    / @certumsolutions  

🌐 Website: www.certumsolutions.com
🌐 Facebook:   / certumsol  
🌐 LinkedIn:   / certum-solutions  
🌐 Instagram:   / certumsolutionsnc  
🌐 YouTube:    / @certumsolutions  

0:00 - Intro: Why Common Size Financials Matter
0:55 - What is a Common Size Report?
2:12 - QuickBooks Built-In Reports You Can Use
3:01 - Strategic Planning vs. Day-to-Day Numbers
4:17 - Customizing Your P&L by Month
6:15 - Growth Trends & Expense Monitoring
7:01 - Why One Time Period Isn’t Enough
9:00 - Comparing to Previous Periods & Year
9:35 - Adding Percent of Income (Common Size Logic)
12:03 - Saving and Naming Your Reports
13:02 - Balance Sheet: What You’re Missing
15:03 - Common Size Balance Sheet Example
17:07 - Cash vs. Accrual Considerations
18:54 - Automating Reports & Scheduling
19:41 - Final Thoughts + How to Connect with Katie

#quickbookstutorial #financialreports #commonfinancialsize #smallbusinesstips #profitlossanalysis #quickbooks2025