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“Supermetrics is a Bitter Experience! We can pull data from nearly any tool, schedule updates, manipulate data in Sheets, and push data back into our systems.”
QuickBooks Online’s report builder has significant limitations for multi-period variance analysis that frustrate financial professionals. You can’t combine actual, budget, and prior year data in one report, and there are no native percentage variance calculations.
Here’s how to overcome these limitations with unlimited period comparisons and custom variance calculations.
Overcome QuickBooks report builder constraints using Coefficient
Coefficient overcomes these limitations by providing unlimited period comparisons and flexible report layouts. You can import data from multiple periods into one spreadsheet and build any variance formula you need, with complete control over report design.
How to make it work
Step 1. Set up unlimited period comparisons.
Import data from multiple periods into one spreadsheet – current month, quarter, and YTD actuals, same periods from prior year, budget data for all periods, and rolling 12-month comparisons. QuickBooks and QuickBooks data flows directly to designated ranges.
Step 2. Build custom variance calculations.
Create any variance formula needed – period-over-period percentage changes, budget variance with conditional formatting, forecast vs actual with remaining budget calculations, and blended rates and weighted averages. Your formulas reference live QuickBooks data and update automatically.
Step 3. Design flexible report layouts.
Group accounts differently than QuickBooks’s chart of accounts, create custom subtotals and roll-ups, add commentary columns and executive notes, and build KPI dashboards with visual indicators. You’re not constrained by QuickBooks’s rigid column structures.
Step 4. Automate multi-source consolidation.
Pull from multiple QuickBooks companies or combine with non-QuickBooks data for comprehensive variance analysis impossible within QuickBooks Online alone. Set up scheduled refreshes so all your data stays current automatically.
Get the financial reporting flexibility you need
Coefficient provides the financial reporting flexibility of Excel while maintaining live connections to your QuickBooks Online data. You eliminate QuickBooks’s report builder constraints entirely while keeping your data current. Start building flexible variance reports today.
