Why are my "Net Operating Income" and "Net Income" the same in my Profit & Loss Report?

@JonpriL, thank you!

You're welcome @emilee!

Please let me know if you have any other questions. I'm just a post away if you need a hand.

Can the P&L statement in Quickbooks Online be set up to calculate Net Income Before Tax (NIBT), then have a section for Income Tax accounts, then calculate Net Income After Tax (NIAT)?  This is pretty basic and should be available, but I don't see an Account Type or other means that would suggest it could be done.

Good day, TMiller.

Allow me to share some insights about the Profit and Loss report in QuickBooks Online.

Setting up the QuickBooks Online Profit and Loss report to calculate the Net Income Before and After Tax and a section for Tax Accounts isn't currently unavailable.

To customize your Profit and Loss report, you can check out this recommended article: How to customize your Profit and Loss report.

I've already taken note of your suggestion and will inform you whenever we have this option available for our users. Additionally, I'd encourage to visit our QuickBooks Blog to be updated with our latest news and updates including product improvements.
Check out this link: https://quickbooks.intuit.com/blog/.
 

As always, you can reach out to our QuickBooks Online Support for future help.

1. Sign in to your QuickBooks Online Company.
2. Click (?) Help at the upper right corner.
3. Select Contact US on the pop-up.
4. Enter a brief description of your concern then hit Continue.
5. Click Get a callback.
6. Enter your contact information.
7. Select Call me.

Should you need more information about the Profit and Loss report in QuickBooks Online, please let me know. Have a good one.

I agree why cant this be done. this post was in 2019 and nothing has been changed. I also have the issue of "other income" not showing after expenses ie show me my "NET operating income " which is my gross profit less expenses. The strange thing is in the "budget versus actual report" it shows it correctly so I am not sure why the difference in layout. At least give us the option of which layout to choose but to present the "profit and loss" in a different way in these two reports does not gel well with me. I agree also give us the profit before tax

Not sure what the point is of setting up those account categories in the chart of accounts when they make no difference to the reports ? 

I am told to send feedback but looking at the date of this post and no changes made to date I doubt the big guns will listen to the small one