I completely understand the importance of showing all the expenses when running a Profit and Loss report in QuickBooks Online (QBO). I am here to help you and provide you with details about this.
To start with, ensure that the date range you have selected for the report includes the expenses you are expecting to see. Additionally, it's crucial to differentiate between the accrual and cash-based approaches. Cash method reports only record income and expenses when payment is received, or a bill is paid. Any unpaid bills or invoices are excluded from the report's income or expenses category. Conversely, accrual method reports include both income and expenses, irrespective of whether payment has been made or not. This method accounts for income and expenses regardless of whether payment has been received or disbursed yet.
If the issue persists after reviewing all the necessary filters and transactions, I suggest contacting our customer support team. They have the tools that can help you with your concerns and provide you with detailed information about this.
Here's how:
- Sign in to your QuickBooks Online company.
- Select Help (?).
- Select either of these tabs:
- Assistant tab and select Talk to a human.
- Search tab and click on Contact Us to connect with a support expert.
Moreover, I'm adding this article as your reference for customizing reports in QBO: Customize reports in QuickBooks Online.
Thank you for reaching out, ertyu. I hope the information and steps above have clarified your concern regarding the expenses in your P&L report. If you have further questions or concerns, please don't hesitate to post a reply. Our team is available to help and looks forward to assisting you further.
