What are two formats you can export custom reports in QuickBooks Online Advanced?

Exporting custom reports in QuickBooks Online Advanced is essential for managing and analyzing financial data outside of the software. One of the most common and useful formats for exporting reports is to Excel. This format allows users to manipulate the data within a spreadsheet application, perform additional calculations, and create custom visualizations or analyses.

Excel is widely used due to its versatility and functionality, making it easier for users to present the data in various formats, apply filters, and generate charts. This capability is particularly helpful for accountants and financial professionals who need to prepare reports for clients or stakeholders.

The other options listed do not serve as standard export formats for custom reports within QuickBooks Online Advanced. While integrating with platforms like Google Drive is possible for file storage, it does not typically reflect a direct export format for reporting purposes. Saving to the Favorites list does not involve exporting data in a report format; instead, it is about quick access to frequently used reports. Exporting as PNG files is not a commonly supported option in QuickBooks for report data, as image formats are typically more suited for graphical content rather than structured data analysis.