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Is there a report for "Owner's Pay & Personal Expenses" expenses. I understand that these expenses are not included in the Profit and Loss statement. Thank you.

 
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Best answer March 25, 2020

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QuickBooks Team

Is there a report for "Owner's Pay & Personal Expenses" expenses. I understand that these expenses are not included in the Profit and Loss statement. Thank you.

You'll want to use a quick report for each account for this, @c-benardis.

 

Let me walk you through the steps.

 

  1. Go to Accounting, then Chart of Accounts.
  2. Search for the "owner's pay" account. Then, click the drop-down beside the View register link.
  3. Select Run report.
  4. Do steps 1-3 for the personal expense account.

You can also use the Transaction Detail by Account report and filter it to show the distribution account. Here's how:

 

  1. Go to Reports, then enter Transaction Detail by Account.
  2. Click the Customize button, then the Filter drop-down.
  3. Mark the box next to the Distribution Account box.
  4. Choose your owner's pay and personal expenses accounts.
  5. Hit Run report.

Please refer to this article for more information about customizing reports.

 

Should you have other questions or concerns, please don't hesitate to comment below. I'd be glad to help. Thanks for joining us here today and have a good one.

View solution in original post

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Highlighted
QuickBooks Team

Is there a report for "Owner's Pay & Personal Expenses" expenses. I understand that these expenses are not included in the Profit and Loss statement. Thank you.

You'll want to use a quick report for each account for this, @c-benardis.

 

Let me walk you through the steps.

 

  1. Go to Accounting, then Chart of Accounts.
  2. Search for the "owner's pay" account. Then, click the drop-down beside the View register link.
  3. Select Run report.
  4. Do steps 1-3 for the personal expense account.

You can also use the Transaction Detail by Account report and filter it to show the distribution account. Here's how:

 

  1. Go to Reports, then enter Transaction Detail by Account.
  2. Click the Customize button, then the Filter drop-down.
  3. Mark the box next to the Distribution Account box.
  4. Choose your owner's pay and personal expenses accounts.
  5. Hit Run report.

Please refer to this article for more information about customizing reports.

 

Should you have other questions or concerns, please don't hesitate to comment below. I'd be glad to help. Thanks for joining us here today and have a good one.

View solution in original post

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