Hello there.
Would you like the ability to create a profit and loss account or statement by activity by class in QuickBooks Online? I'm here to share steps on how to do it.
Once the class feature is enabled, QuickBooks lets you classify invoices, bills, checks, and other data against a customizable set of business divisions or functionalities for more versatile profit and loss reporting.
We can view your classes using a Profit and Loss or by Class report. Additionally, you can filter this report to see the information that matters most to your company.
Here's how:
1. Go to the Reports menu.
2. Scroll down to the Business Overview sections.
3. Double-click the Profit and Loss Detail report.
4. Click the Customize button.
5. Set the report date range in the Row/Column section.
6. Check the Class box in the Filter section and select the specific class you want to display by using the drop-down arrow.
7. Click the Run Report button.
You can also memorize reports in QuickBooks if you want the same settings of customized data and save them for future use.
In addition, you can also export that to Microsoft excel if you need to modify other data. If you have enough time, see this article as a reference: Export your reports to Excel from QuickBooks Online.
I'm always ready to lend you a hand if you have other concerns. Have a good day!
