Report customizaton

Hi ,

In SAP BUSINESS ONE 8.8 we are generating reports like

1. MONTHLY MIS
2. YEARLY FINANCIAL REPORT
3. PROFIT AND LOSS STATEMENT
4. BALANCE SHEET
5. TRIAL BALANCE

Can the format of these report is customizable? , because since it does not match with our company report need's we are exporting the data to excel sheet and it is adjusted.