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josephslattery81
Level 1

How can I create an Income Statement ?

 
1 Comment 1
GlinetteC
Moderator

How can I create an Income Statement ?

QuickBooks Online creates the income statement for you in just a few clicks , josephslattery81.

 

This is also known as the profit and loss statement. It is a financial report that summarizes your company's revenues and expenses incurred during a specific period. You can easily generate this report to see where your business stands. Just simply click the Reports tab at the left panel and select Profit and Loss.

 

Please see attached screenshot for your visual guide:

 

In generating this report, you can easily check if your company gains or losses.

 

If you need help in customizing your reports, you can check this article for the detailed steps: Customize your reports in QuickBooks Online.

 

Feel free to get back to me if you need more help with managing your financial reports and other QuickBooks related concerns. I'll make sure to answer them for you.

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