I ran a P&L report and it looked very off. I checked a large invoice that had two payments by check. Why are these missing from my reports?

Let's work together and find out why these payments are missing on your P&L report, JENNMCCOY.

It could be the account assigned to the items on the invoice is not an income-type account preventing it from appearing on the P&L report. 

You may want to check the items and review the setup to ensure it's assigned to the correct account. Here are the steps:

1. Click the Gear icon at the top and choose Products and Services.
2. Find the item you’re working on and press the Edit link to open the Product/Service information window.
3. Review the accounts associated with the item.
4. If it’s incorrect, change it to the right one.
5. Hit Save and close.

Once done, you can pull up the Profit and Loss report and see if it is now accurate.

You may also consider checking the Accounting Method used when running the report.

I've attached an article you can check to learn about the impacts of inventory tracking on balance sheet and profit & loss reports.

I'll be around if you need more help managing your accounts in QBO.