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Replying to:
AntoniettaE
QuickBooks Team
QuickBooks Team
‎August 07, 2025 03:37 AM

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I appreciate your returning to this thread, Kristina. You can run a Profit and Loss report and change the accounting method from Accrual to Cash.

 

Unpaid invoices are showing in the profit and loss report because the accounting method is set to Accrual, where income is recorded as soon as an invoice is issued, even if payment hasn’t been received. If the accounting method were set to Cash, income would only appear after the invoice is paid.

 

Here's how:

  1. Navigate Reports and click Standard reports.
  2. Search Profit and loss Detail.
  3. Edit the Report period if necessary.
  4. Set the accounting method to Cash.
  5. Hit Run report.
    image (64).png

    You may also want to know more about the difference between Cash and Accrual methods. You can check out this article: Choose between cash and accrual accounting methods in QuickBooks Online.

If you have additional questions, please leave a reply below. The Community is always here for you.

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