Thanks and welcome to the Community, zinga.

Standards users can only open Profit and Loss reports if you grant them access to all areas of QuickBooks, including payroll. However, if you select the Limited option, they'll be restricted and will lose access to this type of data.

In case you need the steps, I'm attaching the detailed instructions provided by my colleague above:

1. On your QBO account, click the Gear icon on the upper right.
2. Choose Manage Users under Your Company.
3. Click Add user, then choose Standard user.
4. Select Next, then choose Limited.
5. Put a checkmark on Customers, then Next.
6. Set the users settings, then select Next.
7. Enter the new user's profile, then Save.

I’m attaching an article with detailed lists of the user types added to the product. Aside from that, it contains some additional info about what standard user can and can't do (scroll down to Standard user):

Learn about user types in QuickBooks Online.

Please know the Community has your back. If you have further questions, click the Reply button and post a comment. I’m here ready to assist further. Enjoy the rest of the day.