I’ve set up a business vehicle, entered two trips, marked business and entered total business mileage foR vehicle but doesn’t show up (x IRS rate) on my P&L report?

I know another report you can pull up to view your mileage data in QuickBooks Online, @comix4sale

The Profit and Loss report will only show the income and expenses of your company. That's why the business mileage you entered didn't show up on the said report

I suggest going to the Mileage page, and then clicking on the Download Trip button from the Trips drop-down. This will help you access your mileage report.

1. Click on Apps.
2. Select Mileage.
3. From the Add trip drop-down, click on Download Trips.

See the photo below for reference:

For future use, you can also read this module to learn more about handling reports in QBO: Run and customize reports in QuickBooks Online.

Feel free to comment back if you need extra help regarding mileage. You can also add your concerns about QuickBooks in general. I'm always ready to assist further. Keep safe!

Isn't a mileage expense part of my company's P&L? Why must I do a manual entry to show my true profits when the system should use WHAT I HAVE ALREADY ENTERED?

Hello, @comix4sale.

The mileage tracking feature in QuickBooks Online is for recording purposes since mileage is not an expense in accounting. It is a tax time deduction you can take when you don't take the actual expenditures operating a company vehicle.

This won't show on the Profit and Loss report unless you manually tracked the mileage. You can reference this article for the detailed steps: Track mileage and vehicle expenses in QuickBooks Online. If you want your mileage entered automatically, ensure to setup mileage tracking and vehicles in QuickBooks Online.

On the other hand, the mileage report can be pulled up by clicking on the Download Trip button from the Trips page. This will open a report in Excel file that shows all the trips that you've entered.

If you have more questions, please let us know. I'm right here to help you. Stay safe.

May I suggest an enhancement option to allow the user to include each trip entered as a mileage expense transaction impacting P&L, or generate a tax report that does this. Making this tool more automated for users will certainly be appreciated. The software that I had to migrate from included this feature.

ou can make a suggestion, comix4sale.

The concept of including each trip entered as mileage expense impacting Profit & Loss or generating a tax report is excellent for future product enhancement.

I encourage you to submit your suggestion so our Development team can review it. Once approved, they can include it in the next update.

Here's how:

1. Click the Gear icon.
2. Select Feedback.
3. Enter your suggestion.
4. Hit Next to submit.

In the meantime, you can follow the steps provided by my colleague Jovychris_A if you want to see the trips that you entered in QuickBooks Online.

I've also included the following resource to assist you in handling and managing reports in QuickBooks Online: Create and manage repots.

Do you have other concerns regarding mileage or running reports? If yes, please add any details below. We're always here to help you.