How can you customize a report to find any open balances?

To identify open balances within a report, the correct approach is to filter the report specifically for transactions that have not yet been cleared, which is indicated by selecting "Uncleared" in the Cleared dropdown. This allows users to focus on the items that are still outstanding and require attention, such as unpaid invoices or unprocessed payments.

By using the "Uncleared" filter, it ensures that only those transactions which are still pending are included in the report, providing a clear overview of any open balances. This is particularly important for maintaining accurate financial records and ensuring cash flow is managed effectively.

The other options do not directly address the need to focus specifically on outstanding transactions. For instance, filtering by "Undeposited Funds" might overlook certain transactions that are technically cleared but still reflect an open balance due to other factors. Changing columns to mark the Credit checkbox may alter the presentation of the report but won’t necessarily focus on balances that are open. Similarly, grouping by Customer might provide insight into customer-specific balances, but it won’t specifically filter for transactions that are outstanding, making it less effective for the goal of determining open balances.