What is the primary function of the Collapse button in QuickBooks reporting?

The primary function of the Collapse button in QuickBooks reporting is to condense subaccount information on a report. This feature allows users to simplify their view by collapsing detailed subaccounts under their main account. When subaccounts are collapsed, the report presents a cleaner and more concise overview, making it easier to analyze higher-level financial data without being overwhelmed by granular details. Users can expand these subaccounts again when they need to examine the individual entries, which provides flexibility in how the information is displayed and reviewed.

Understanding this function is critical for effective reporting and financial analysis, as it enables users to focus on the overall financial picture while still having quick access to detailed accounts when necessary.