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Best answer May 28, 2022
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Hi accounts-gapreno!
Let's check to see why the payroll transaction you added isn't reported on your Profit and Loss.
You said you did a transfer and selected your Wages account, which I assume is an expense type. Can you please clarify this a bit more because we can't actually use an expense account on a Transfer transaction? You can double-check the date of your P&L, too. Make sure it covers the date of the transaction.
On the other hand, payroll made outside QuickBooks can be recorded as an expense, cheque, or journal entry, like in the sample below.
I'm just right here to continue helping you. Take care and have a good one!
Hi accounts-gapreno!
Let's check to see why the payroll transaction you added isn't reported on your Profit and Loss.
You said you did a transfer and selected your Wages account, which I assume is an expense type. Can you please clarify this a bit more because we can't actually use an expense account on a Transfer transaction? You can double-check the date of your P&L, too. Make sure it covers the date of the transaction.
On the other hand, payroll made outside QuickBooks can be recorded as an expense, cheque, or journal entry, like in the sample below.
I'm just right here to continue helping you. Take care and have a good one!
