Thanks for taking the time to scour our Community space for us to guide you in running the report you need, muhammadmehran45.
A Balance Sheet report gives you a financial snapshot of your company as of a specific date. This calculates how much your business is worth by subtracting all the money your company owes from everything it owns. To run this report, follow the steps below:
- Click Reports from the left menu.
- Search for Balance Sheet Detail report.
- In the Report period drop-down, select the date range you want to show on the report.
- Click Run report.
Here's an article you can refer to for more details about what is a Balance Sheet report in QuickBooks Online (QBO). To run an income statement, just run the Profit and Loss report. Here's how:
- Go to Business overview and select Reports.
- Locate and select the Profit and Loss report.
- In the open Profit and Loss report, select Customise.
- In the Customise report panel, select the Rows/Columns item to open the section.
- From the Columns dropdown list, select Locations. If you applied a different label to the field, select that label.
- Select Run report.
We can also use the Profit and Loss Comparison reports to compare your income and expenses for different periods. Feel free to visit these articles for more insights about managing your financial reports in QBO:
If you have any additional QuickBooks-related concerns, feel free to click the REPLY button below. I'm more than willing to assist you again to improve your experience here in QuickBooks. You have a good one.
