Hello there, @jwhllc.

Let me share a few information about the sub-accounts in the P&L and Balance Sheet report.

Once you've created sub-accounts, they'll surely show on the Profit and Loss and Balance Sheet report. You'll just need to customize the report to show the sub-accounts their respective parent accounts.

To do it, please follow the steps below:

1. Click Reports.
2. Search for Profit and Loss or Balance Sheet.
3. Click Customize.
4. Select Filter to drill-down.
5. Check the box beside Distribution Account.
6. Select the sub-accounts you want to display on the report.
7. Hit Run report.

I've attached screenshots below for your reference.

Balance Sheet report screenshot.

You can also read this article for your reference: How to Customize Reports.

Also, in case you need tips and related articles in the future, visit our QuickBooks Community help website for reference: QBO Self-help.

That's it! Please let us know if you have any other questions about the P&L and Balance Sheet report. We're always here to help.