The Report Designer can be used to create all kinds of reports\documents of different levels of complexity. This means creating different types of layouts and appearances, sorting, grouping and filtering the data. The Report Designer works from any saved Qualify view/layout and therefore all entities and their relationships included in this layout will be transferred across into the Report Designer. You will also be able to use the designer for creating\editing\running reports in Multiple Instances mode.
This is an extensive module which requires some form of training so please refer to your support contact if you would like further information.