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Allow me to provide additional information and help you show the balance of your charitable contribution in the Profit and Loss report.
The balance for your charitable contribution should show even after applying the credit memo to the invoice. Since it doesn't show in the Profit and Loss or Trial Balance report, you'll want to make sure the reporting period is correct. Here's how:
If you get the same result, you'll have to review the credit memo and make sure the charitable contribution item was selected.
As always, you can visit our QuickBooks Community help website if you need tips and related articles in the future.
Our doors are always open to help you again if you need further assistance recording charitable contributions. I'll always be here to help, @giannibyte.