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Andreas D
Level 1

Profit and Loss Report: Start Up Costs entered manually are not showing up

Hey everyone! I wanted to add start up costs I paid for with personal funds before forming an LLC and having a business bank account (for example computer purchase, office supplies etc.) to my quickbooks online for tax purposes and adequate reporting. 

 

I already tried these solutions:

https://quickbooks.intuit.com/learn-support/en-us/help-article/journal-entries/pay-business-expenses...

https://quickbooks.intuit.com/learn-support/en-us/other-questions/reimbursing-start-up-cost/00/56498...

 

However, neither any journal entries and/or manual expenses I enter are showing up in a profit and loss statement as expenses or reports. Is there any way to make them appear in a P+L?

 

Thank you!

1 Comment 1
ShiellaGraceA
QuickBooks Team

Profit and Loss Report: Start Up Costs entered manually are not showing up

Hey there, @Andreas D.

 

I'll share some information about the start up costs, so you'll be able to view them in the Profit and Loss report. Let me guide you how.

 

First, make sure you're viewing the correct report period. That should include the date of your start up costs expense transaction.

 

Next, check the accounting method if you're looking at the report as Cash or Accrual. Refer to the attached image below.

 

ccr.JPG

 

Lastly, make sure there are no filters in the report to ensure that all your income and expense accounts will be posted.

 

For more information about reports, check out these links below. It also includes our general report topics with articles:

 

 

Let me know if you have follow-up questions or concerns with start-up costs expense or with the Profit and Loss report. I'm more than happy to answer them for you. Take care and have a great day ahead.

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