I have logged an expense under the Tools > $200 category for 2023
This isn't showing up under expenses or deductions for 2023 in the profit and loss widget or expense report for the year.
Can you please help?
The accounting method I have selected is "Cash" and this is definitely an expense that should be deductible
I can certainly assist you with your expenses and deductions not showing up in the report you just pulled up.
You'll want to double-check the date you logged the expense under the Tools category to ensure it falls within 2023. You may also want to ensure that the category is an expense account rather than an income account. Sometimes, incorrect classification can lead to expenses not showing up correctly in reports.
Moreover, when viewing your profit and loss statement or expense report, make sure you haven't applied any filters that might exclude the expense entry. Check for filters related to dates, accounts, or categories.
I'm leaving you this article about Schedule C and expense categories in QuickBooks Solopreneur to help you more in the future: Schedule C and expense categories in QuickBooks Solopreneur and QuickBooks Self-Employed.
If there's anything else I can do for you about expenses and deductions in your QuickBooks Solopreneur, just let me know in the comment below. I'll be sure to answer them in any way possible. Have a good one!
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