It's great to have you joining in on this thread, t3rryt.
I'll share insights into how these transactions work in QuickBooks Desktop (QBDT).
All posting transactions that use income statement-type accounts will post to Profit & Loss. Since this serves as the summary of a business's revenues and expenses, any transaction that appears on your balance sheet will not be shown on the P&L.
On the other hand, balance sheets are the financial statement of the company's assets, liabilities, and equity. Thus, if you'll want to merge the transaction reports of these two, we can export these and manually move incorrect transactions from P&L to the balance sheet. For more detailed information, visit this article: Export reports as Excel workbooks in QuickBooks Desktop.
However, if the data or transactions are recorded incorrectly from the P&L, we can delete them and re-create the transaction into the balance sheet. That said, it will make your accounts accurate, and all details will be on the right track.
Moreover, you can check out these references to guide you about running and customizing specific reports:
Keep us updates if you have additional QuickBooks concerns. We'd gladly assist you further. Take care and have a good one!
