Can't see Profit and Loss Detail Report in QBO Plus

Hi there, @orch42. Let's get you through this to ensure you get the data you need inside QuickBooks Online (QBO).

Please be aware that if your company is Non-profit, you'll have the Statement of Activity by detail report, which is equivalent to having a Profit and Loss by Detail report. I'll write down the steps below to get you going. To begin, here's how: 

1. Access your QuickBooks Online company.
2. On the left navigational bar, go to the Reports tab.
3. In the Search bar, type Statement of Activity by Detail.
4. Click the report.

In addition, here's an article to help you modify your reports and add more details: Customize reports in QuickBooks Online.

Don't hesitate to leave a comment below if you need further assistance with this, @orch42. I'll be here, ready to help you. Stay safe, and have a nice day!

Thanks for your reply.  My business IS a non-profit, so we don't want to change our status. But we still need this report.  None of my research before we subscribed to the software indicated that we wouldn't have full access to the Plus level program features. Is there a knowledge article somewhere that explains how our version is different from the regular Plus version?

Thank you for your help.

We appreciate you getting back to the thread and making a follow-up, @orch42. I'll conform and share some information to clear things up.

The Statement of Activity by Detail report serves as a timeline of all transactions that occurred. If the organization is a non-profit, a statement of activities is required. It means that having this report is the same as having a Profit and Loss Detail Report; they only differ in name.

There's also no need to change the company type. You are free to continue as is, using the report to track your imported data. You may review the previous post for the updated answer.

Feel free to utilize these articles for information that could help you:

• What Is a Statement of Activities?.
• Customize reports in QuickBooks Online.

For additional QuickBooks-related concerns, don't hesitate to post them here in the Community. We're always available and willing to lend a hand to your queries. Have a great day ahead.

Hi we just migrated to Quickbooks online.  We are a non profit, but QB was set up as a regular business.  If we follow the instructions to switch to a nonprofit, will we loose any data?

Thanks

Hello there, @vimlanv.

Thank you for using QuickBooks Online as part of your business. I'm here to provide the information you need about configuring your account for a nonprofit organization.

By making the changes, you'll not lose any data. Thus, you can only ensure that your account uses terms, reports, and forms used in nonprofit organizations. Also, these are usually tax-exempt and use a different tax form (990). 

I'd be pleased to walk you through how:

1. Go to the Gear icon, then select Account and Settings.
2. Choose Advanced.
3. From the Company type, select Edit.
4. Tick the Tax form ▼ dropdown, then choose Nonprofit organization (Form 990).
5. Click Save, then Done.
   
   
   

Once done, ensure to sign out and sign back in to see the changes reflected throughout QuickBooks. When you do, your account should use terms commonly used by nonprofit organizations. For additional insights, please see this article: Configure an account for a nonprofit organization.

For future reference, feel free to check out this resource here to guide you with Fund Accounting for nonprofits and tracking funds in QBO: Fund Accounting for nonprofits.

Please feel free to get in touch with me here for any additional questions about managing your QBO accounts. The Community always has your back.