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Level 2

Bank Transfers and Classes

I use a bank transfer to move money from my Cash in Hand account to the bank so it will match my cash deposits to the bank.  I include the class on the transfer but this is not showing up on my Profit and Loss.  What's the right way to move money out of the Cash in Hand account so the class info shows up on the P&L?

3 Comments 3
Candice C
QuickBooks Team

Bank Transfers and Classes

Good evening, @Diana_SB


It's great to see you back in the Community. Let's work together to get this resolved. 


To clarify, are you running a Profit & Loss by Class in your QuickBooks Desktop account?


If not, I recommend using this report. If so, I suggest customizing the report to include these details. 


I hope this gets you on the right path. I'm only a comment away if you need me again. Take care! 

Level 2

Bank Transfers and Classes


Yes I'm running a P&L by class in desktop.  When I do a bank transfer, it only shows up on my balance sheet. I would like these numbers in my p&l. Is the only way to do this with a journal entry?

Level 11

Bank Transfers and Classes



Bank transfers are not income or expense, so they do not show up on the P&L.  If they could, it would be easy for people to manipulate their income.  They will only affect the balance sheet.

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