Invoices Showing on P/L as a negative

We'll have to manually review the affected invoices and line items to fix the negative amount of your reimbursable expense account in the Profit and Loss report, ColleenWS. I'll guide you on how to do this below.

QuickBooks records reimbursements depending on how you handle your customer refund. They'll show as negative in the Profit and Loss report if they're posted to an expense account. You need to open each invoice and take note of the items you've added. Then, you'll have to ensure that the income and expense accounts in their profile are correct. This way, you can ensure that your books and reports are accurate. To do this, here's how:

1. Open your Profit and Loss report from the Reports menu.
2. Set the appropriate reporting date, then select Run report.
3. Click the amount of your reimbursable expense account.
4. Double-click each invoice to open their content, then make sure their items are posted to the correct account.
5. Make the necessary changes if applicable.

Once everything is all set, you may want to memorize the customized Profit and Loss report settings for future use.

If there's anything else that I can help you with or you have additional questions about managing invoices and expense transactions and generating financial reports, please feel free to click the Reply button below. I'm always ready to assist you.