cancel
Showing results for 
Search instead for 
Did you mean: 
tim163
Level 1

How do I set up a monthly profit and loss statement for my small consulting business?

 
1 Comment 1
Kevin_C
QuickBooks Team

How do I set up a monthly profit and loss statement for my small consulting business?

Thanks for visiting the Community, @tim163. I'll make sure you can set up a monthly profit and loss statement in QuickBooks Self-Employed (QBSE).

 

You can utilize the Over time by month option to show the profit and loss for the current and previous months. Here's how:

 

  1. In QBSE, go to the Reports menu to open the Reports window.
  2. Choose Over time by month from the drop-down menu next to Profit and loss.
    P&L 1.PNG
  3. Click the View button.
  4. Use the arrow below the report to view the reports from the previous months.
    P&L 2.PNG

 

Also, you can use the Custom date option to filter the report by month, then export/download it manually. Here's how:

 

  1. Go to the Reports menu to open the Reports page.
  2. Choose the Custom date from the drop-down menu next to Profit and loss.
    P&L 3.PNG
  3. Enter the Start and End date. then click Apply.
  4. Click the View button.
    P&L 4.PNG
  5. Select the Download beside the Print icon.

 

I'm also including these articles that you can read for guidance in filing your taxes in the future:

 

 

Please leave a comment below if you have any questions or concerns about running reports in QBSE. I'm more than happy to answer them. Have a great day!

Need to get in touch?

Contact us