We currently have QBO/TSheets set up to collect regular pay as a COGS under "10100 Direct Labor" and similarly hours from TSheets for OH and G&A and Vacation as an expense under their respective chart of accounts. This all shows up fine under the project reports (overview and profitability) but it does not show up under the P&L for that customer/project. This is shown below where the $533 shows in one and not the other.
Does anyone have any insight into why this might be happening?
Thanks for stopping by the Community this afternoon. It looks like there may be a couple reasons for the discrepancy between the two reports. Cost of Goods Sold (COGS) is specific to an individual project and employee costs would be included with that project. So that could be where the 533.00 is coming from. Also, the dates on your P&L report are for January, 1st - July, 22nd. and the project profitability report is for "All Dates". While those are two possibilities I would recommend reaching out to our support team so they can dive into your account details and see exactly what's going on, they can guide you through the process and share screens with you so you can see exactly what to click and when. To reach out to them follow these steps:
If you have any other questions, feel free to post them below, thank you for your time and have a nice day.
Thanks Nick! It turns out the transaction date for the payroll was actually 7/24. We just ran payroll to test the process but did it before the end of the pay period. Embarrassingly simple to fix - run P&L out to 7/24.
Good to hear from you again, @jlhaas.
You're most welcome. I also appreciate your taking the time to post this and letting me know that my colleague @Nick_M helped you resolve the issue.
As always, Community is full of experts possessing knowledge in all facets of QuickBooks, so please reach out to us here if there's anything you need. We're always happy to help you along your road to victory. Wishing you and your business continued success!