This happens when your transactions are sitting in your bank feed but haven't been added to your books yet, @vsharpedevry. In QuickBooks Online (QBO), seeing a transaction on your bank statement doesn't mean it’s on your Profit and Loss report; it only appears there once it is categorized as an Income or Expense account.
To fix this, go to your Bank transactions page and review your list of items on the Pending tab. Assign each one a specific category, and click Add. If you've already entered these as Invoices or Bills, click Match instead to link the bank activity to your existing records and avoid duplicates.
If they still don't show up, check your Accounting Method at the top of your Profit and Loss report. Switching between Cash and Accrual basis can reveal transactions that are missing due to the date they were recorded versus the date the money actually moved. Also, ensure you aren't accidentally categorizing transactions to Balance Sheet accounts, such as Loans or Accounts Receivable, as these accounts don’t appear on a Profit and Loss statement.
Please refer to this article for additional guidance: Find the missing income and expense transactions in your Profit and Loss report.
Furthermore, have you thought about using our QuickBooks Live Expert Assisted team? Since you have months of transactions to manage, they can help you accurately categorize your data and ensure your Profit and Loss report is correct. I recommend checking out their services to simplify your workflow and resolve any missing transaction issues.
I’ll keep an eye on this thread if you have additional questions or concerns.
