I'd like to check if you're using the correct filters on your report, andyrobbinz.

When you run the Profit and Loss report, you'd have to choose the right accounting method. Selecting a wrong one can make the report totally different than what you expect.

At the top of the report, you'll see Cash and Accrual. Just select what method you used when you recorded the transactions last financial year.

Here's an article to learn more about this: Change your accounting method.

Let's start there to see if this is what's causing the issue on your P&L. Keep me posted with the results by leaving a reply.

Thank you for your reply.  It wasnt the accounting method, but the fact that I had selected last financial YTD instead of just last financial year in the report date selection. The transactions are appearing on the report when I enter the correct dates.

Hi Andy,

Please check the Cost of Sales account you used on your journal transactions to see if it's TYPE is Cost of Sales (COS). To do this, you can go to your Chart Of Accounts and see the TYPE columns. If it's not COS, the amount will not show up on your P&L report. Thus, you'll need edit your journals and choose the correct COS account.

Please let me know what you will find out.