How to utilize different detailed records in the Profit & Loss report for the current month and thereafter.

It's always best to input a note or reminder before changing any information in your QuickBooks account, @Papayatutor. This ensures that you have a record of the change for tracking purposes.

It's important to note that changing the name of an account in the Chart of Accounts will also change any records associated with that account. If you want to proceed with the change, here are the steps you should take:

1. Go to the Gear icon and choose Chart of Accounts.
2. Navigate to the account you want to edit. In the ACTION column, click the dropdown and select Edit.
3. A window will pop up with the account's details. In the Account name field, type in the name you want to replace it with. Then, input a note beside the name like (previously [accounts name]).
4. Click Save.

Additionally, you can memorize your reports to keep the changes you've made for future use.

Please return to this thread if you have further concerns with your data records in QuickBooks. We'll be here to help you in any way we can.

What I actually need is in the Profit & Loss report (attached excerpt), to change or add for example: "Freight in" to "Session Manager intern" or add for example: "Co Leader Ops". Is this possible? Can the entries for past months remain as they are?  Please your advice...

Yes, you can change the name of the account, @Papayatutor.

You need to change it from the Chart of Accounts.

Here's how:

1. From the left menu, select Transactions.
2. Choose Chart of Accounts.
3. Look for the account that you want to change, then click the dropdown arrow and choose Edit.
4. Modify the Account name.
5. Click Save.

You can then run a Profit & Loss report.

For future reference, you can read this article to help you customize your reports, so you'll be able to add or change columns: Customize reports in QuickBooks Online.

Let me know if you have questions about changing the name of your accounts. I'm always here to help. Have a great day.

Thanks, I can add another account name, for example "Co Leader Ops" as an Operating cost  expenses?