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McFlynn
Level 1

Is there a way to include loan principle payments in a profit loss by class report?

I run a small rental business.   When I run the profit loss report it includes the loan interest expense, but not the loan principle amount.   I understand this is not technically an expense, but I would like to see a report that shows if I bring in enough money to cover all the outflows 

1 Comment 1
AlcaeusF
Moderator

Is there a way to include loan principle payments in a profit loss by class report?

Hello there, @McFlynn.

 

Welcome to the Community. I can share some information about the details you can show in the report.

 

The option to include loan principal payments in the Profit and Loss report is unavailable. Currently, this financial statement can only show your revenues, costs, and expenses.

 

As a workaround, I recommend running the Balance Sheet report. It shows a company's assets, liabilities, and shareholders' equity at a specific period.

 

Here's how:

 

  1. Click the Reports tab at the top menu bar.
  2. Hover your cursor to Company & Financial.
  3. Select a balance report from the options. 1.JPG

 

For additional reference, I've attached some links you can use to personalize reports, as well as some information about the financial reports in QuickBooks:

 

 

Leave a comment below if you have other concerns related to running reports. The Community and I will be around to help you.

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