My P&L report is showing a negative amount, even though my profits are greater than my expenses.
While running profit & loss report for this year the account is going in negative. I cannot see a few of my past deposits. Is there something I’m doing wrong with my reports? Thanks.
Hi Isaam!
Thanks for posting on our Community Forum.
You will have to run at least three different reports, in order to fully understand your financial reporting. You might also be mixing up Expenditures with Expense. In case you require more help, you are welcome to contact QuickBooks tech help desk.
Hope this helped.
Cheers!