Billable expense versus Sales

I'll help you fix this, CRISS.

The billable expenses are any revenue generated in relation to purchases a business makes on behalf of a client or customer. Normally, it should be different from your sales of products.

To isolate the issue, you can click the amount in the report to expand the view and examine each sales transaction. You'll also want to make sure that the product items on the transactions are using the correct income account. This way, they'll be reported accurately in your financial reports. Here's how:

1. Go to the Reports menu.
2. Under Business overview, choose Profit and Loss Detail.
3. Set the appropriate reporting date and accounting method.
4. Head to the Billable Expense Income section, then click the total amount.
5. Review each transaction. Make sure that there are no duplicates and the income account of the product items is correct.

In addition, here are some articles that will help you speed up the reporting process in QuickBooks Online:

• Customize reports
• Memorize reports

I'm still here you need further assistance in running your other reports. Stay safe and have a great rest of the day.

Hey,

Just wanted to shed some light on the "DOUBLING" you had mentioned in this thread. I too noticed certain DEPOSITS were being duplicated in my P&L (Sales and Billable Expense Income). Come to find out these certain DEPOSITS were multiple checks for different invoices, or "projects" in 1 BANK DEPOSIT. 

When you go to categorize your BANK TRANSACTION of the 1 DEPOSIT and "SPLIT" the deposits,.. this is where I noticed the duplicating. This is the issue that needs to be fixed with QUICKBOOKS. 

I simply deleted the billable expense duplicate by clicking the "MORE" button as discussed by someone else in this thread and it balanced everything out. 

Hope this helps?