Journal Entries

Posted by Michael Dobony on September 30, 2008, 10:17 pm

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Why don't Journal Entries show up on Profit and Loss? I don't recall and
cannot find any setting for a cash basis business in my Simple Start
edition.

Posted by QBConsultant on October 1, 2008, 8:37 am

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If the journal entry included an income or expense account, it would
appear on the P&L if the date of the JE falls within the dates of the
P&L. When you create the P&L, click on modify report to change the
basis--cash/accrual (or look in the accounting preferences). I can't
remember exactly where/how to change it in Simple Start. If you need/
want more reports and capabilities you might consider getting QB
Pro--2009 is now available!!!

Michelle L. Long, CPA, MBA
Author of: Successful QuickBooks Consulting
Advanced Certified QuickBooks ProAdvisor
National Trainer for Intuit Accountant Trainer/Writer Network
http://www.SuccessfulQuickBooksConsulting.com
http://www.amazon.com/Successful-QuickBooks-Consulting-Comprehensive-starti=
ng/dp/1434810690

> Why don't Journal Entries show up on Profit and Loss? =A0I don't recall a=

> cannot find any setting for a cash basis business in my Simple Start

> edition.

Posted by Haskel LaPort on October 1, 2008, 9:11 am

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> Why don't Journal Entries show up on Profit and Loss? I don't recall and

> cannot find any setting for a cash basis business in my Simple Start

> edition.

They do not show up because you either entered the wrong date for the
journal entry or the period for the Profit and Loss statement. Look again
there is a button for either cash or accrual on the modify tab of many
reports.