How do I create in Mac subscription version a profit loss report for my business?

As a sole proprietor I track both my own and my wife's sole proprietor businesses, plus our personal accounts. Since it's not clearly setup for me in Quicken, how do I setup a profit loss reporting in this product? Trying to avoid going to a spreadsheet system some have recommended.
0
Best Answer
-
chitownhockey ✭✭✭✭
Use the NEW REPORTS...not one of the previous old stock reports.
A yearly category report BY MONTH is available there.5
Answers
Do you have unique categories between the three? Do you use tags to differentiate? Do you have different checking and/or credit card accounts to differentiate?
If you don't, it's virtually impossible to parse out the transactions/categories/accounts for personal, your business and your wife's business.
If you have any of those, it's easy by using one of the New Reports, Category Report and setting up the filter parameters within that report. You can filter by category, by account or even by tag.
First, click on the underlined link above to go there, then click the little grey triangle under the VOTE count at the top of page 1 in the blue banner, so your vote will count for THIS feature and increase its visibility to the developers by seeking to have the features you need or desire end up in the latest version (it may take a moment for your vote to register).
Your VOTES matter!
If you find this reply helpful, please be sure to click "Like", so others will know, thanks.
(Canadian
Have Questions? Check out these FAQs:
As for reports, you can produce an income statement in Quicken Mac 2020. Depending on how you keep your business books, you can now produce and income statement on an accrual basis (income and expenses) or a cash flow basis. (In the current version of Quicken Mac, the cash flow report is limited to summary or comparison summary reports; the ability to do a detail transaction cash flow report is supposedly following in an upcoming update.)
If you find this reply helpful, please be sure to click "Like", so others will know, thanks.
(Canadian
Have Questions? Check out these FAQs:
A yearly category report BY MONTH is available there.