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June 22, 2023

It's great seeing you here today, Keen. Let me ensure you'll get a three-year comparison of the reports you need.

 

In QuickBooks Online, you can run the specific comparison report for both Profit & Loss and Balance Sheet. To help you in running and customising these reports, refer to the steps below.

 

Here's how:

 

  1. In your QBO account, go to Reports.
  2. Enter the Profit and Loss Comparison for P&L and the Balance Sheet Comparison report respectively.
  3. Modify the Report period and the Accounting method.
  4. Under the Compare another period dropdown, check the Previous period (PP) and Previous year (PY) checkboxes.
  5. Edit its Custom Period, then click Run Report.
  6. You can also customise them to add specific data to your reports.

 

I've added a screenshot below for reference.

 

 

Additionally, I'm sharing this guide if you want to download these data outside of QuickBooks: Export data, reports, lists, and more from QuickBooks Online.

 

You can always get back to this forum if you have additional questions or other QuickBooks concerns. We'll be around to provide further assistance. Keep safe!