Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
Connect with and learn from others in the QuickBooks Community.
Join nowAll my expenses are paid with my credit card, then the profit and loss statement does not come out correctly because it only sees credit card payment as an expense.
How do I get the correct PnL statement?
Solved! Go to Solution.
Let me clear up the confusion for you, @travelingisawesome.
When you connect your online bank account in QuickBooks Online, the program automatically downloads the last 90 days of transactions recorded by your bank. However, these transactions aren’t in the program just yet.
Once they're in the Bank Feed, you’ll need to categorize these transactions. This way, you can make sure that they're recorded to the correct accounts. You can assign, categorize, edit, and add your downloaded banking transactions.
Let me know if there’s anything else I can help you with. Take care.
Let me clear up the confusion for you, @travelingisawesome.
When you connect your online bank account in QuickBooks Online, the program automatically downloads the last 90 days of transactions recorded by your bank. However, these transactions aren’t in the program just yet.
Once they're in the Bank Feed, you’ll need to categorize these transactions. This way, you can make sure that they're recorded to the correct accounts. You can assign, categorize, edit, and add your downloaded banking transactions.
Let me know if there’s anything else I can help you with. Take care.
Thank you very much. The response was prompt and helpful.
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.