cancel
Showing results for 
Search instead for 
Did you mean: 
kellyobrien968
Level 3

How do I create a custom P&L report to exclude a few expense catagories from the summary, or omit an entire bank account ? I have Simple Start. Which upgrade is needed?

*using Quickbooks Online
3 Comments 3
ReymondO
QuickBooks Team

How do I create a custom P&L report to exclude a few expense catagories from the summary, or omit an entire bank account ? I have Simple Start. Which upgrade is needed?

Hi there, @kellyobrien968.

 

The option to filter the Profit and Loss report by expense accounts or other accounts in unavailable in QuickBooks Online (QBO) Simple Start. 

 

However, you can upgrade your subscription to either, Essentials, Plus, or Advance so you can filter this report. Here's how:

 

  1. Go to the Gear icon and select Account and Settings.
  2. Click the Billing & Subscription menu.
  3. In the QuickBooks Online section, select Upgrade.
  4. Choose the plan you want, and click Upgrade.
  5. Confirm your payment information and select Save.

 

You can check our Plan & Pricing link to find the accounting software that suits to your business: quickbooks.intuit.com/pricing/

 

Once you've finished upgrading your subscription, you can follow these steps to filter your P&L report. This helps you view the specific accounts you wanted to check in QuickBooks. Here's how:

 

  1. Go to Reports and search for Profit and Loss report.
  2. Click Customize, then select Filter.
  3. Check the Distribution Account box and select the boxes for the accounts you wanted to view in this report.
  4. Click Run report.

 

I've also added an article that will help you in customizing your reports in QBO. This will help you focus on specific details that you need to know about business: Customize reports in QBO.

 

In addition, you can memorize these reports if you want the same settings of the customized report to be available for future use. This way, you do not have to go through the customization process again.

 

You can always tag me in the comment section if you have further questions in running your reports in QBO. I'll get back to you as soon as I can. Stay safe.

kellyobrien968
Level 3

How do I create a custom P&L report to exclude a few expense catagories from the summary, or omit an entire bank account ? I have Simple Start. Which upgrade is needed?

Hi Reymond, 

Thanks for the reply and info. I figured I needed to upgrade as right now I am on Simple Start at $80/year (promo period ends 5/9/20). I followed the "upgrade plan" links and see that Essentials plan would cost be $430/year and it does not have "reports" checked on the compare features list. It looks like I would have to subscribe to the Advanced program for $1417/year to get "Get smart reporting powered by Fathom" and do what I need to do. Am I wrong on my assumptions? That is just way to costly for a simple report customization!

Rubielyn_J
QuickBooks Team

How do I create a custom P&L report to exclude a few expense catagories from the summary, or omit an entire bank account ? I have Simple Start. Which upgrade is needed?

Hello there, @kellyobrien968.

 

Let me share some ideas about QuickBooks Online products and its features. In QBO plus you have the option to customize reports based on your business needs.

 

Smart Reporting is a management reporting and analysis solution that is available in QBO Advanced. It provides a variety of tools for in-depth analysis and metrics on how your business is performing.

 

You can always check this article for the Plan & Pricing of our accounting software go help you decide what subscription suits your business.

 

Also, you can visit our QuickBooks help page for articles that can guide you in managing your QuickBooks account: QuickBooks Support.

 

Please let me know if you have any confusion. I'm here to assist you. Take care.

Need to get in touch?

Contact us
Sign in for the best experience
Ask questions, get answers, and join our large community of QuickBooks users.
Sign In / Sign Up