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A
allstuff
January 18, 2024
Question

How to adjust Unapplied Cash Payment Income on P & L ?

  • January 18, 2024
  • 1 reply
  • 0 views
I jave a line item on my P &L called Unapplied Cash Payment Income. There was once a fix for this in the help section but I can no longer find it.  Just  Unapplied Cash Payment expense. 
Can anyone help ?

1 reply

H
Heide DC
January 18, 2024

I'm here to help you manage your unapplied cash payment income, allstuff.

 

Unapplied cash payment income may appear on your Profit and Loss if the customer prepaid you and you recorded the payment before creating the sales form invoice or sales receipt or you entered payments without matching them to sales forms.

 

To resolve this, let's perform these steps:

 

  1. Select Reports.
  2. In Find report by name field, type Open Invoices.
  3. Set the report period, then select Run report.
  4. In Transaction Type column, locate a transaction listed as a Payment.

 

You can check out this article for more information: Unapplied cash payment income on your profit and loss.

 

Additionally, check this page to learn how to summarize your business income and expenses: Run a Profit and Loss report by bank account in QuickBooks Online

 

Let me know if you have any other questions about managing your profit and loss statement in QuickBooks Online. I'll be here to help. Take care.

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