We're charmed to have you here in the Community.
Before anything else, know that we appreciate you for asking us about this. Please be aware that there are times when the reports show different net income, and We'll list them down to help you:
- Balance Sheet summarizes data at a specific point in time and Profit and Loss summarizes data just for the selected period.
- The dates or bases of the reports do not match or the filters are set incorrectly.
- The Fiscal Year preference is not set properly.
- Possible data damage
You may want to ensure the Date, Basis, and Filters are set correctly inside the report, for these fields can play a part in creating the data accurate. Also, you can check this page to help you modify and add more details to your data: Customize reports in QuickBooks Online.
Furthermore, we'd recommend checking these articles to help you keep your current report settings inside the company and in case you want to export them outside the program:
Feel free to visit us again if you have any additional QuickBooks-related queries. It'll always be our pleasure to provide assistance and help you accomplish your tasks inside the program. Take care, and have a nice day!
