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bailey8904
Level 3

I need to evaluate as to the 25% reduction in gross receipts in a 2019 to 2020 same quarter comparison requirement. What is the best report QB online has to offer?

 
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Best answer January 12, 2021

Best Answers
MirriamM
Moderator

I need to evaluate as to the 25% reduction in gross receipts in a 2019 to 2020 same quarter comparison requirement. What is the best report QB online has to offer?

Hello there, bailey8904.

 

Let me help you pull up the report you need, which shows gross receipt so you can compare your sales and monitor your business growth.

 

In QuickBooks Online (QBO) there isn't a specific report that'll show the gross receipt. However, you can pull up the Profit and Loss Comparison report to view your income, expenses, and net income (profit or loss) compared to last year.

  1. In the left menu, click Reports
  2. Type in Profit and Loss Comparison in the search box.
  3. Set the necessary information you want to show on the report. 
  4. Hit Run report

You can customize the report to focus on the details that matter. After that, you also have the option to memorize it to save the current customization settings. 

 

To learn more about managing your financial reports in QBO, feel free to visit our Reports page.

 

Keep me posted for additional questions or other concerns. I'd be more than happy to help. Take care and have a great day.

View solution in original post

1 Comment
MirriamM
Moderator

I need to evaluate as to the 25% reduction in gross receipts in a 2019 to 2020 same quarter comparison requirement. What is the best report QB online has to offer?

Hello there, bailey8904.

 

Let me help you pull up the report you need, which shows gross receipt so you can compare your sales and monitor your business growth.

 

In QuickBooks Online (QBO) there isn't a specific report that'll show the gross receipt. However, you can pull up the Profit and Loss Comparison report to view your income, expenses, and net income (profit or loss) compared to last year.

  1. In the left menu, click Reports
  2. Type in Profit and Loss Comparison in the search box.
  3. Set the necessary information you want to show on the report. 
  4. Hit Run report

You can customize the report to focus on the details that matter. After that, you also have the option to memorize it to save the current customization settings. 

 

To learn more about managing your financial reports in QBO, feel free to visit our Reports page.

 

Keep me posted for additional questions or other concerns. I'd be more than happy to help. Take care and have a great day.

View solution in original post

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