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Frank8
Level 1

Profit and Loss report show different income

When I view my Profit and Loss as "This Fiscal Year", I get a larger amount for income compared to when I view it as "This Fiscal Year to date" (or last month). This has me puzzled. I reconciled my books up to March 31. Today is April 2 so the income should be the same in all three reports (year, to date, and last month). What would cause this?

2 Comments 2
ChristieAnn
QuickBooks Team

Profit and Loss report show different income

Hi there, Frank8.

 

It's nice to see you again in the QuickBooks Community. I appreciate you for sharing detailed information about your concern. I'll provide troubleshooting steps to make sure that you'll see your reports correctly.

 

Since you already reconciled your transactions, reports should be the same in all three said reports or must show accurately. Since the Profit and Loss report shows different income, your main company file might be damaged causing this unusual behavior. To isolate this, I suggest running the QuickBooks built-in diagnostic and repair tools called Rebuild and Verify data utilities. These tools comb through, repair, and notify you of data damage within the file.

 

 

To Verify data:

 

  1. Go to the File menu.
  2. Scroll down to Utilities.
  3. Select Verify Data.
  4. Click OK.

 

 

To Rebuild Data:

 

  1. Go back to the File menu.
  2. Choose Utilities.
  3. Select Rebuild Data.
  4. Click on OK when you get the message Rebuild has completed.

 

 

For further details, you can refer to this article: Verify and Rebuild Data in QuickBooks Desktop.

 

Please click this article to see steps on how you can save QuickBooks reports so you can use them in Microsoft Excel: Export reports as Excel workbooks in QuickBooks Desktop.

 

Let me know if you have other questions about QuickBooks. I'm always free to help you whenever you need my assistance. Take care and stay safe always!

BigRedConsulting
Community Champion

Profit and Loss report show different income

This fiscal year includes future dates.  Year to date does not.

 

To see the transactions excluded from the Year to date date-range, create a P&L starting tomorrow and ending at the end of the fiscal year.

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