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accounts427
January 25, 2021
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One of the product sales in not appearing in Profit and Loss statement. How to fix the same?

  • January 25, 2021
  • 1 reply
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Original commenter did not share additional details
Best answer by AileneA

Good day, accounts427. 

 

Thank you for reaching out to the Community. Let's checked what type of account assigned to your sales item? It should be posting to an income account type. If not, it won't show up on your Profit and Loss report. This is because the P&L report only shows the amounts accumulated by your Income and Expense accounts. 

 

You can read our rundown and learn how tracking inventory impacts your reports: Impacts of inventory tracking on Balance Sheet and Profit & Loss reports. 

 

If you have any other QuickBooks concerns or questions, don’t hesitate to post a comment below. I’ll get back to answer them for you. Stay safe!

1 reply

A
AileneAAnswer
January 25, 2021

Good day, accounts427. 

 

Thank you for reaching out to the Community. Let's checked what type of account assigned to your sales item? It should be posting to an income account type. If not, it won't show up on your Profit and Loss report. This is because the P&L report only shows the amounts accumulated by your Income and Expense accounts. 

 

You can read our rundown and learn how tracking inventory impacts your reports: Impacts of inventory tracking on Balance Sheet and Profit & Loss reports. 

 

If you have any other QuickBooks concerns or questions, don’t hesitate to post a comment below. I’ll get back to answer them for you. Stay safe!

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