P&L Expenses

I am running Quicken- Home, Business and Rental Property Version R30.21 build 27.1.30.21 and for some reason when I'm in my Business Profit/Loss, none of my expenses are showing, only my income. I know it's a simple fix that I'm just overlooking, but I cannot figure it out to save my life.

Answers

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭
    edited January 2021
    A P&L is a BUSINESS report, as opposed to an "Income & Expense" which is a personal report.
    The only categories that will appear on a BUSINESS tlype report are those that have BUSINESS tax lines associated with them.  The name of the Category is irrelevant, only the Tax Line matters. These would probably be from Schedule C, E or F.
    Any category with NO tax line assigned is assumed to be PERSONAL.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • Heather118
    Heather118 Member ✭✭
    Right, I am trying to get my business expenses to show, just like my business income shows. I have the tax schedule set up for the schedule c, but it's still not showing on my P&L
  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭
    Have you checked what accounts are included in the report?  What categories?

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • Heather118
    Heather118 Member ✭✭
    Tags fixed the issue.

    Thanks
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