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September 13, 2021
Solved

Is there a way to run Profit and Loss reports which only reflect the totals for each category, not to include each sub-account, but reflecting the amounts in totals?

  • September 13, 2021
  • 1 reply
  • 0 views
I am trying to issue condensed financial statements, without detailing each income and expense item. I feel there should be a simple way to do this. Exporting and modifying in Excel is not the solution.
Best answer by JenoP

I'd be glad to help with your question about running reports, finance@stchrisn.

 

You can use the collapse feature to hide the sub-totals in the report but still show the correct totals of each category. Here's how:

 

  1. Go back to your Profit and Loss report.
  2. Go to the left side of each parent account, then click the drop-down or collapse arrow to collapse the section.

 

Please take note that this will only hide the sub-accounts in the report. The amounts are still part of the parent accounts. You'll need to export it to Excel if you want to completely remove them. 

 

Let me also share these articles that you can use as additional guide and reference when running reports in QBO: 

 

 

Don't hesitate to ask more questions if ever you need more help with QuickBooks. We'll make sure everything is sorted out.

 

1 reply

JenoP
JenoPAnswer
September 13, 2021

I'd be glad to help with your question about running reports, finance@stchrisn.

 

You can use the collapse feature to hide the sub-totals in the report but still show the correct totals of each category. Here's how:

 

  1. Go back to your Profit and Loss report.
  2. Go to the left side of each parent account, then click the drop-down or collapse arrow to collapse the section.

 

Please take note that this will only hide the sub-accounts in the report. The amounts are still part of the parent accounts. You'll need to export it to Excel if you want to completely remove them. 

 

Let me also share these articles that you can use as additional guide and reference when running reports in QBO: 

 

 

Don't hesitate to ask more questions if ever you need more help with QuickBooks. We'll make sure everything is sorted out.

 

JenoP
September 15, 2021

Hi finance@stchrisn,

 

Hope you’re doing great. I wanted to see how everything is going about customizing your Profit and Loss report. Was it resolved? Do you need any additional help or clarification? If you do, just let me know. I’d be happy to help you at anytime.

 

Looking forward to your reply. Have a pleasant day ahead!