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michael.pail
Level 2

Product Suggestion: Please add the option for "This Year To Date" for the P andL on the Dashboard. This would fix inaccurary with pre-entered invoices (rent income)

 
3 Comments 3
JoesemM
Moderator

Product Suggestion: Please add the option for "This Year To Date" for the P andL on the Dashboard. This would fix inaccurary with pre-entered invoices (rent income)

Hello there, @michael.pail.

 

The profit and loss in the Dashboard only show subtotals for each income and expense that will help you manage invoices, sales receipts, bills, and generate financial reports.

 

However, you can change the date range of your Profit and Loss from the Dashboard, by clicking the drop-down and change it to This year. This way, you'd able to see how profitable you are. 

 

For more information on how you can utilize the Home Dashboard in QuickBooks Online, please click this article: An introduction to the home dashboard.

 

Also, I've added these articles to help learn more insights about running the Profit and Loss report in QuickBooks:

 

 

Please let me know if you have other concerns. I'm just around to help. Have a good one.

 

michael.pail
Level 2

Product Suggestion: Please add the option for "This Year To Date" for the P andL on the Dashboard. This would fix inaccurary with pre-entered invoices (rent income)

Hello Joesem,

Thank you for the reply, however your response that "This way, you'd able to see how profitable you are."  is not correct.  I have a rental property and I have created invoices out into the future for rent due, one for each month of this year.  The Profit and Loss amount shown on the front page shows the Income and Expenses for the entire year, so when I look at the number on the Dashboard, those unpaid invoices that have already been entered, but have not yet been paid (or even sent to the tenant) are being counted as income.  So when I look at the number on the Dashboard when set to This Year, it is counting income that I have not yet received, which shows me as being vastly more profitable than I am, as I have not yet incurred the expenses that would go along with that forthcoming income.  This makes that feature unusable for me, and to be honest, please explain to me when "This year" would ever be more valuable than "This Year to Date" when running a Profit and Loss report? 

GlinetteC
Moderator

Product Suggestion: Please add the option for "This Year To Date" for the P andL on the Dashboard. This would fix inaccurary with pre-entered invoices (rent income)

I'll take note of your feedback concerning the Profit and Loss, michael.pail.

 

When you run the Profit and Loss report, you'll have the option to set the Report period to "This year". Please attached screenshot:

 

Please note that our goal here is to help our users save time and keep things simple when doing a task in QuickBooks. You may visit our blog site you'll be updated with the features and enhancements that our developers are currently working on.

 

I also encourage you to watch QBO video tutorials to learn your way around QuickBooks.

 

Please let me know if you have any other concerns. I'm just a comment away.

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