@fishing4dalewrote:
Actually what I am looking to do is the income and expenses summary report for the last fiscal year. Does that make sense? The P&L gives it for all, but what I want is a separate report for each dept, it shows nothing and just want one distribution acct, it gives me nothing
to have by department reporting, you have to QBO Plus, and in company settings turn on locations and classes, then define them and tag transactions with them.
QBO does not have balance sheet by class or location the way desktop does
Bank accounts should not be used to run a balance sheet or a P&L, they are just a place to hold money.
company>categories and turn on classes/locations
OR
Gear>accounts & Settings
Advanced>categories and turn on classes/locations
class allows you to tag each item line in a transaction
location allows you to tag the entire transaction
