Do you have a hard time making sense of your Profit & Loss?
In this video, I will share how your Chart of Accounts directly impacts your P&L.
Are you ready to Customize your Profit & Loss, so you can make business decisions? 🥳
Steps to Customizing the COA for your P&L:
Profit & Loss Report
- Go up to “Reports”
- “Company & Financial”
- “Profit & Loss Standard”
Chart of Accounts
- Go up to “Lists”
- “Chart of Accounts”
- Go down to “Account”
- “Edit Account”
- “Delete Account”
- “Make Account Inactive”
- If you chose “New,” Choose “Account Type”
- Click “Continue”
- “Account Name”
- Click “Save & Close”
Have you been using QuickBooks for a while, but when you pull a report you just don’t understand what it’s saying?
Does the idea of going to see your tax professional sound a little stressful and maybe cause you to feel like you want to pull your hair out?
I would love for you to join me on my customizing QuickBooks workshop.
I’ll be sharing:
- The most efficient way to track your Income and Expenses.
- How to create accurate reports in order to view how your business is actually doing and stop second-guessing yourself.
- Where to get the data you need to make the best decisions to grow your business.
And the #1 SECRET to feeling Confident at your next tax appointment.
I’m excited to see you on the workshop!
Share with us in the comments below – did you know you could change the order of your Chart of Accounts and how they impacted your P&L?🤔