Thanks for getting in touch with the Community, KBing. I appreciate your detailed information.
To properly identify what you need to do to correct a negative amount on your Profit & Loss report, I'd recommend working with an accounting professional. If you're in need of one, there's an awesome tool on our website called Find a ProAdvisor. All ProAdvisors listed there are QuickBooks-certified and able to provide helpful insights for driving your business's success.
Here's how it works:
- Go to our Find a ProAdvisor page.
- Use the City or ZIP search field to specify a location.
- Select Find a ProAdvisor.
- Browse through your results and find one that works best for the business. You can click on each ProAdvisor's profile to learn more information about them.
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Once you've found an accountant, they can be contacted through their Send a message form:
- Use the available text box to introduce yourself. Be sure to include details about which services you're looking for.
- Enter your appropriate info in the Your name, Your email, and Your phone number (optional) fields.
- Select Send message.
I've also included a detailed resource about working with Profit & Loss reports which may come in handy moving forward: Profit & loss statement - What is it and how to create one
I'll be here to help if there's any additional questions. Have a wonderful Thursday!