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Thanks for sharing with me the details, @sally25.
We're unable to add the Owner's Pay and Personal Expenses in the Profit and Loss report since it's an equity account. It'll only show in your Balance Sheet report.
The Balance Sheet report show's your assets, liabilities, and equity. While the Profit and Loss report shows all transactions that affect your income and expenses account.
To learn more about reports in QuickBooks Online (QBO) account, I encourage checking our Reports and accounting page for reference. Here, you can read some of our useful articles that tackles more about understanding reports in QBO.
On the other hand, you can run a quick report to your Owner's Pay and Personal Expense to see the rundown of the account. Let me show you how in your QBO account.
You can also check these great resources to learn more about the type of accounts in your Chart of Accounts:
I'm also adding this article that you can use for future reference. This can guide you in generating a report that shows the information you need the most: Customize reports in QuickBooks Online.
Got other questions in mind? You can always tag me in. I'll be around to help you anytime. Keep safe.
Thanks for sharing with me the details, @sally25.
We're unable to add the Owner's Pay and Personal Expenses in the Profit and Loss report since it's an equity account. It'll only show in your Balance Sheet report.
The Balance Sheet report show's your assets, liabilities, and equity. While the Profit and Loss report shows all transactions that affect your income and expenses account.
To learn more about reports in QuickBooks Online (QBO) account, I encourage checking our Reports and accounting page for reference. Here, you can read some of our useful articles that tackles more about understanding reports in QBO.
On the other hand, you can run a quick report to your Owner's Pay and Personal Expense to see the rundown of the account. Let me show you how in your QBO account.
You can also check these great resources to learn more about the type of accounts in your Chart of Accounts:
I'm also adding this article that you can use for future reference. This can guide you in generating a report that shows the information you need the most: Customize reports in QuickBooks Online.
Got other questions in mind? You can always tag me in. I'll be around to help you anytime. Keep safe.
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