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Beths14
Level 3

Do transactions show instantly on your profit and loss report

 
Solved
Best answer April 06, 2023

Accepted Solutions
FateCandylaneT
QuickBooks Team

Do transactions show instantly on your profit and loss report

It's great seeing you here in the Community, Beths14. I've come to share details about the Profit and Loss report.

 

With QuickBooks, all income and expense transactions entered into your data will instantly show on your P&L report. Since this summarizes the financial standing of the capital you've invested, all the profits and losses of your finances will appear in this report. 

 

If you want specific data to appear on each transaction of your income and expenses, you'll need to run the Profit and Loss Detail report. To do that:

 

  1. Go to the Reports menu.
  2. Enter the Profit & Loss Detail report. 
  3. Edit the Report period and Accounting method to your preference. Then, click the Customise button for further customizations.
  4. Once done, click Run report.

 

If you're referring to something else, you can let us know in the comments below.

 

Moreover, I've added this reference to guide you in personalising your reports and adding specific data: Customise reports in QuickBooks Online.

 

We'll be right here anytime if you need additional assistance running reports. You're always welcome to leave a reply below. Keep safe!

View solution in original post

1 REPLY 1
FateCandylaneT
QuickBooks Team

Do transactions show instantly on your profit and loss report

It's great seeing you here in the Community, Beths14. I've come to share details about the Profit and Loss report.

 

With QuickBooks, all income and expense transactions entered into your data will instantly show on your P&L report. Since this summarizes the financial standing of the capital you've invested, all the profits and losses of your finances will appear in this report. 

 

If you want specific data to appear on each transaction of your income and expenses, you'll need to run the Profit and Loss Detail report. To do that:

 

  1. Go to the Reports menu.
  2. Enter the Profit & Loss Detail report. 
  3. Edit the Report period and Accounting method to your preference. Then, click the Customise button for further customizations.
  4. Once done, click Run report.

 

If you're referring to something else, you can let us know in the comments below.

 

Moreover, I've added this reference to guide you in personalising your reports and adding specific data: Customise reports in QuickBooks Online.

 

We'll be right here anytime if you need additional assistance running reports. You're always welcome to leave a reply below. Keep safe!

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