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James L21
July 27, 2023
Question

Display Ordinary Income on Standard Profit and Loss Report

  • July 27, 2023
  • 1 reply
  • 0 views

The only report I can find Net Ordinary Income is the Profit and Loss Detail Report. In my old quickbooks desktop version the standard Profit and Loss had this line item however the standard Profit and Loss in Quickbooks online only has Profit after other Income and Expenses. Is there any way to add this to a standard Profit and Loss?

1 reply

A
Alex M
July 28, 2023

Hi there James L21,

 

It's important that all your transactions are entered correctly for your books to be well balanced. QuickBooks Online is a great tool able to help you keep track of sales and expenses so you can see the profit of your company. I can provide some information about the profit and loss reports.

 

The Profit and loss report is meant to be a report showing you simply the income and expense for each account. If you're looking to see more detail such as the Net ordinary income, as this is a more specific detail, it can be found on the Profit and loss detail report. I can see that you'd like to have the ability to add this subtotal to the standard profit and loss. I recommend leaving feedback in the system by clicking on the Gear Icon, then Feedback. The comments made in that section are taken into consideration by our developers when designing new features for QuickBooks Online.

 

If you have any other questions, feel free to reach out here.

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