Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
Get 50% OFF QuickBooks for 3 months*
Buy nowHi,
I have different properties, and need to claim a custom percentage on each within my P&L (e.g. 25% on one, 100% on another). I share one property, while another is a full rental.
Is there an easy way to do this in the reporting?
Right now I have to break my P&L out by proeprty, because I don't know how to apply percentages to each property to get the correct totals.
Thank you!
You can easily and effectively manage and report on various properties in QuickBooks Online using the fantastic location or class tracking features, Ben.
These features allow you to break down your Profit and Loss report for each property.
First, set up your properties using either different locations or classes. Here's a brief explanation of each:
Utilizing these features gives you valuable insights into your business performance across different properties. If you decide to use location tracking, follow the steps in this article to configure it: Set up and use location tracking in QuickBooks Online.
Alternatively, if you prefer classes to organize your transactions, please refer to this article: Turn on class tracking in QuickBooks Online.
Once you've set that up, here's a step-by-step guide on how to run a Profit and Loss report by Class or Location.
After generating the report, you can export it to Excel to enter and calculate specific percentages with the help of an accountant who can provide tailored advice and ensure accuracy in your financial reporting. If you don't have an accountant, you can access our accountant tool to find an expert near you.
Additionally, I recommend utilizing our Live Expert Assisted team. They can offer real-time assistance, help you set up class tracking, and guide you through customizing your reports to suit your needs. This team is skilled in handling complex financial monitoring and can provide step-by-step support tailored to your business requirements.
I'll also share these guides that will help you tailor and save your report settings, simplifying your workflow:
I'm thrilled to be part of your journey to simplify and optimize your reporting process within QuickBooks Online. Whether you're tackling complex percentage claims or organizing multiple properties, we're here to support you every step of the way. Please don't hesitate to reach out if you need further assistance or have additional questions. Have a great day!
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.
For more information visit our Security Center or to report suspicious websites you can contact us here