multiple revenue streams

I can walk you through running reports, marcia18.

You can run the Balance Sheet and Profit and Loss reports in your QuickBooks Online Simple Start subscription. You can apply multiple filters to customize your report. Most reports have the same set of filters. Some filters are only available on certain reports.

Here's how to run a financial report: 

1. Click the Reports menu.
2. Under the Standard tab, scroll down to the Business overview section.
3. Look for the financial report you want to run.
4. If you want to add filters and add columns to your report, you can click the Customize Report button in the upper right. 
5. Once done customizing, click Run report to refresh.

To help you customize your reports more, you can click here.

Once you have set up your account in QuickBooks Online, you adjust settings after you sign up for QuickBooks Online.

If you have any follow-up questions about your running reports, please let me know by adding a comment below. I'm always here to help. Keep safe!

This didn't address my questions at all I feel.

I know how to run P&L and Balance Sheet reports.

What I am looking for is how to set up Quickbooks in such a way that I can run a P&L or Balance Sheet report on any one of the 4 revenue streams I have.

I don't feel this answered my question.

I know how to run P&L and Balance Sheet reports.

What I am looking for is how to set up Quickbooks such that I can run a P&L or Balance Sheet report on any one of 4 different revenue streams I have.  In essence I want to treat each revenue stream as its own business.

Hi there, marcia18.

Thank you for coming back to the thread to add further details about your concern. With this, I'll be sharing information on how different revenue stream works in QuickBooks Online.

Each revenue stream, different Tax reports or have different EIN needs to have its own QuickBooks Online account. That said, setting up Quickbooks that you can run a P&L or Balance Sheet report on any one of the 4 different revenue streams you have isn't possible. Also, comparing revenue streams is only available in the QuickBooks Online Advance version.

Additionally, there's a Class feature in QuickBooks Online that allows you to track your transactions by departments, product lines, or any other meaningful segments in your business. So when it’s time to run reports, you have a clear picture of each segment’s financial health. Please note this is only possible in QuickBooks Online Plus and Advanced. To see extra info and how to perform the process, you can click this article: Get started with class tracking in QuickBooks Online.

If you want to use the said feature available in QBO so you can start treating each revenue stream as its own business, I suggest upgrading your subscription from Simple start to Plus or Advance version. 

I'm also adding this article to further guide you in effectively managing your business using QBO: Help guide for QuickBooks Online. It contains topics about advanced accounting, banking, and payments to name a few.

Let me know if there's anything else you need help with about QuickBooks. Know that I'm always here to help you anytime. Take care and keep safe!