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I've got some information about your Profit and Loss (P&L) report, @userbeyondgarage-fin.
Thanks for running the P&L report. I'm here to ensure that you're able to see your vendor bills or transactions in QuickBooks Online swiftly. Thus, you can manage and review the data without a moment's delay.
A P&L report is a financial statement that summarizes the revenues, costs, and expenses incurred during a specific period, usually a fiscal year or quarter. The only time the bill will appear in P&L is if one of the line items has an expense category.
That said, bills that don't have an expense line item will not appear in the P&L since these transactions are Accounts Payable (liability). With this, I'd recommend running the Balance Sheet report instead. This report shows the company's assets, liabilities, and shareholder equity at a specific point in time. It provides a basis for computing rates of return and evaluating the company's capital structure. Also, it supplies a snapshot of what a company owns, owes, as well as the amount invested by shareholders.
Here's how:
For details about customizing, check out this page: Customise reports in QuickBooks.
Additionally, you have an option to memorise any of your reports. That will help you save time since it automatically updates every time there are newly added transactions.
Lastly, feel easy to visit these pages underneath about handling your vendor transactions and reports. Also, learn how to turn on and use location tracking if you didn't use it yet.
Let me know in the comment section if you have additional questions about your reports. I'm happy to assist you. Take care.
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