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Best answer February 19, 2021
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I assume you're not entering an income account - your "Sales" account - on your bills directly, or you'd know why they're showing up on the P&L using the account.
Bills will use income accounts in cases where you use items / are purchasing items that have only one account, an income account.
To avoid this, edit the items you're purchasing on your bills and enable the purchase option. It'll have a different title depending on the type of item, and your QB version, but it'll always appear in the location seen here:
When you check the box, then you'll see options for values to use when you purchase the item:
When you add the Expense account and then save the item, you'll get a prompt like this:
Answer Yes, and then all of your purchases that you don't want to use your sales account will be updated to use the new purchase/expense account.
I appreciate the screenshot you've provided. Let me share some information on why invoices and bills are showing up on your Profit & Loss report in QuickBooks Desktop, ACE15.
I can see that you're looking at the Profit & Loss Detail report. You'll see the invoices and bills there because this statement provides a line item for every variable that affects profit, rather than combining income and expense items.
- Click Reports at the top menu bar.
- From the drop-down list, select Company & Financial and choose Profit & Loss Standard.
- This will show all your Income and Expense Accounts without the invoices and bills.
I recommend customizing the report to get the specific details you need. You can also memorize it to save its current customization settings. It serves as your record and helps you quickly access it for future use.
This should keep you moving today, ACE15. Don't hesitate to let me know if I can be of additional assistance while working in QuickBooks or need more help with your profit & loss report. I'm always here to keep helping. Have a good one!
Thanks for coming back, @ACE15.
I have some information about the bills in our Profit and Loss report. These are transactions associated with your customers (For example an expense billable to a customer).
You can check the bills if they are billable or not by clicking the bill transaction itself. If these bills are not billable, you can delete the customer's name in the Customer:Job column.
Additionally, you can re-sort your master name list. Re-sorting will help you fix odd behavior in the program and makes your list go back to their default order. Please check out this guide for the detailed steps: Re-sort lists in QuickBooks Desktop.
In case you need help with other tasks in QBDT, browse this link here to go to our general topic with articles.
Keep me posted if you still have questions or concerns with reports. I'll be around to help. Take care and have a great day ahead.
I assume you're not entering an income account - your "Sales" account - on your bills directly, or you'd know why they're showing up on the P&L using the account.
Bills will use income accounts in cases where you use items / are purchasing items that have only one account, an income account.
To avoid this, edit the items you're purchasing on your bills and enable the purchase option. It'll have a different title depending on the type of item, and your QB version, but it'll always appear in the location seen here:
When you check the box, then you'll see options for values to use when you purchase the item:
When you add the Expense account and then save the item, you'll get a prompt like this:
Answer Yes, and then all of your purchases that you don't want to use your sales account will be updated to use the new purchase/expense account.
