QuickBooks online makes it easy to analyze your Profit and Loss and balance sheet reports. Think of the balance sheet report like a camera snapshot of your business at particular frame of time. Think of the Profit and Loss report as video recording of your transactions that occur between a start and finish date. Download my QuickBooks Online keyboard shortcuts here.
How to run a balance sheet and P&L report in QuickBooks Online
About the Author: Steve Chase
Steve Chase grew up in Dayton, OH but now calls San Antonio, TX home along with his entrepreneur wife, Erin, and their 4 sons. Steve founded Sequentia Solutions in 2017 to help small business owners grow their business with practical and effective solutions. Steve's #1 Clifton StrengthsFinder skill is Learner which comes in handy while he teaches others how to best use various business software applications like QuickBooks Online and Excel. Steve is an active volunteer leader with the Boy Scouts and treasures the lessons he learned while participating in Scouts as a youth on his path to Eagle. Steve enjoys drinking coffee, a good book, visiting art museums, and doing math problems using a brand new sharpened #2 pencils.