Hi there, @Stanleyp.
You’ll still need to record a bank deposit in QuickBooks. Let me discuss this further and help you from there.
The Undeposited Funds account is used to hold received payments which can then be deposited to a specific bank. When payments are still in this account, they won’t show unless you deposit them.
You can follow the steps below in recording a bank deposit:
Once done, you can pull up your Profit and Loss Statement again.
I’ve also attached an article for more details: What’s the Undeposited Funds Account?
You can also read this article about customizing reports to filter them easily.
Always know that you can leave a comment below if you have any other questions or concerns. I’d only be a post away.