Why would one of my expenses categorized as a computer greater than $200 not show up in the profit and loss statement? Note that it was paid for with the checking acct.

You'll want to check if the computer was categorized as a fixed asset, cole11.

It is likely the reason why it doesn't show up in the Profit & Loss (P&L) statement. Thus, this report only shows your business's revenues and expenses. However, fixed assets, like a computer, are higher-value items with a longer lifespan and are recorded separately on the balance sheet. The balance sheet shows what your business owns, owes, and the owner's equity.

The method of payment, whether it is a checking account or a credit card, does not affect where the transaction appears; it is the account category you assigned it that matters. Since the transactions show accurately as expenses in the app, you can double-check the reporting date.  

Feel free to ask if you have any questions or need clarification. You can leave a comment below, and we are here to assist you.