You'll want to get in touch with your accountant to ensure the accuracy of recording this. Your accountant can give you expert advice on recording this. Also, you can ask your accountant if you want more tips on how to better record this.
Then to create your a profit and loss report based on actual cash-flow, you'll have to toggle the Accrual or Cash report basis. Here's how.
In your QuickBooks Dekstop (QBDT):
Go to the Reports menu.
Click Financial & Company.
Select Profit & Loss Detail report.
Toggle Cash from the Report Basis section.
You might also want to check this article that can guide you on how to customise reports in QBDT. This way, you'll learn how to generate a report that shows the data you need.
In case you want to learn some tips on managing your QBDT software, you can visit our Help articles page for reference.
I'll be around if you have other questions or concerns. Have a great day!
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