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fnfnllc
Level 1

When I create a monthly P and L, there are expenses showing as $0 when clearly they are in the transactions and categorized. This makes P and L show less expenses.

 
1 Comment 1
Mark_R
QuickBooks Team

When I create a monthly P and L, there are expenses showing as $0 when clearly they are in the transactions and categorized. This makes P and L show less expenses.

Welcome to the Community, @fnfnllc.

 

It's possible that the transactions aren't categorized into the right category. Let's first verify your monthly transactions from the Transactions List page so you can check if they've categorized into the correct account.

 

Here's how:

 

  1. In your QuickBooks Self-Employed, click Transactions from the left menu.
  2. From the date range drop-down, select This month.
  3. In the Type drop-down, choose Spending.
  4. Then, verify each transaction to make sure that they've categorized into the right account.

If you can confirm that the transactions aren't on the list, let's check your bank connection. You can go to the Bank accounts page by clicking the Gear icon.

 

You can read this article to learn how to review your bank transactions and properly categorize them: Categorize and edit transactions in QuickBooks Self-Employed.

 

Please let me know if you need further clarification about this, or if there's anything else I can do for you. I'll be standing by for your response. Have a great day.

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