cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Level 2

Where do I find profit and loss report? It used to be under business overview but is not longer there. Now there are many reports with title beginning "Statement of ..."

 
Solved
Best answer July 15, 2020

Best Answers
Highlighted
Moderator

Where do I find profit and loss report? It used to be under business overview but is not longer there. Now there are many reports with title beginning "Statement of ..."

Good day, finance-themarsh.

 

When your reports will show Statement of Activity instead of Profit and Loss, your company type has been modified. I've got the steps on how we can change it:

 

  1. From the Gear icon, select Account and settings.
  2. Go to the Company tab.
  3. Click the pencil (edit) icon in the Company type section.
  4. Change the Tax form to the correct one.
  5. Click Save, and then Done.

SC 04.JPG

 

 

Afterward, let's sign out from the account to ensure that the changes have applied. Then, let's run the Profit and Loss report again.

 

In case you want to customize the report and save the same settings, you can check these articles:

 

 

I'll be around if you still need help. Take care!

View solution in original post

3 Comments
Highlighted
Moderator

Where do I find profit and loss report? It used to be under business overview but is not longer there. Now there are many reports with title beginning "Statement of ..."

Good day, finance-themarsh.

 

When your reports will show Statement of Activity instead of Profit and Loss, your company type has been modified. I've got the steps on how we can change it:

 

  1. From the Gear icon, select Account and settings.
  2. Go to the Company tab.
  3. Click the pencil (edit) icon in the Company type section.
  4. Change the Tax form to the correct one.
  5. Click Save, and then Done.

SC 04.JPG

 

 

Afterward, let's sign out from the account to ensure that the changes have applied. Then, let's run the Profit and Loss report again.

 

In case you want to customize the report and save the same settings, you can check these articles:

 

 

I'll be around if you still need help. Take care!

View solution in original post

Highlighted
Level 2

Where do I find profit and loss report? It used to be under business overview but is not longer there. Now there are many reports with title beginning "Statement of ..."

Thank you - that explains it.

 

The company file had just been uploaded from QB Mac 2019.  In the desktop file under Quickbooks > Preferences > My Company, the Income tax form used was set to Form 990 (Exempt Organization). 

 

After uploading, in QBO, the Tax form field was blank, and in Reports > Business Overview had the names I was familiar with.

 

Two of us are working on our migration. The other person changed the Tax Form field in QBO, so when I came back after that was done, the old reports were "missing". 

 

It appears the "fix" to this problem is me learning a different set of report titles.

 

Thanks again for your quick and helpful response.

Highlighted
QuickBooks Team

Where do I find profit and loss report? It used to be under business overview but is not longer there. Now there are many reports with title beginning "Statement of ..."

Hi there, @finance-themarsh.

 

It's good to hear that you're now up and running with your Profit and Loss report in QuickBooks Online.

 

I appreciate you for sharing the process that you made. This can help other users that are in the same situation and can apply the resolution presented above.

 

Know that you can always visit us here in the Community if you have any concerns with QuickBooks. I'll be right here to lend a helping hand. Have a lovely day!

Need to get in touch?

Contact us