Can we change the title of profit and loss by month statement to become income and expenses by month statement ?

It's great to have you here in the Community forum, @263125. I understand that you want to change the report title, and I will provide you with steps on changing it from "Profit and Loss by Month" to "Income and Expenses by Month" in QuickBooks Online.

You'll want to add the Profit and Loss by Month report to the Management reports. QuickBooks Online automatically creates management report compilations which contain several reports for easy viewing.

Once it's added, you can change the report type, title, and period, and select if you want to compare the previous year or period. I'll guide you on how:

1. Go to the Reports menu.
2. Select the Profit and Loss by Month.
3. Tap the three dots icon and click Add to Management reports.
4. Click Create a new management report and enter the report name (Income and Expenses by Month).
5. Hit Add.
   
   
6. Click the Management report, select report title you've created. Tap the Preview in the Action column and view it's details.
   

From there, you can download, send, print, or copy management reports. For more details about the process above, open this article: View and edit management reports in QuickBooks Online. It also contains steps and information on how to add and reorder the reports, add notes, and more.

I'll be adding these links that will guide you personalising your reports to focus on specific details and learn even more:

• Customise reports in QuickBooks Online
• Common custom reports in QuickBooks Online

If you have any further questions about changing report titles or any other concerns regarding QuickBooks Online, please let me know in your reply. I'll be here to assist you further. Thank you.