I trying to print a Profit and Loss report for last year 2018 but fro some reason I'm seeing the description of each account ,which I do not want to see. I only trying to view the account names -ORDINARY INCOME/EXPENSE.
Also, when I'm trying to file my yearly tax for my business/personal is this the only report I will need - Profit and Loss report?
I know the last day is April 15,2019 so I'm trying to gather everything together asasp.
Thank you so much!
Thanks for reaching out to the Community, Eve2019.
I can share some insights about the Profit and Loss report in QuickBooks Desktop.
From the information you provided it sounds like you want to remove the account's description on this report. If so, you can minimize the unneeded accounts. Once done, print the report.
Here's how to customize the report:
The screenshot below shows these steps.
Here's an article that may come handy: Customize reports in QuickBooks Desktop.
Aside from Profit and Loss, here are the common reports that are useful for audit:
These reports can be accessed by clicking Reports at the top, and choosing the appropriate title.
I'm glad to provide further assistance should you have any questions. I'm wishing you and your business continued success.