Missing expense on profit and loss report

[M_P]

Hello there, I am currently tagging all my expenses to remove them from the suspense account. However, after tagging some expenses, they disappear from the suspense account but the category do not show up on the profit and loss report. It only happens with some expenses. Do you guys have any idea why does it happen?

[rhc]

Hi,
That is happening mostly when you tag them to non-P&L codes/nominal codes.
Have a look here which is maybe helpful (it also describes the p&l codes and balance sheet codes)

The Chart of Accounts

Introduction The Chart of Accounts is the backbone of your accountingsystem and will allow you to categorise your various business transactions. To keep things simple QuickFile comes preloaded with around 150 nominal accounts. You can add your own accounts to this list or trim them down to just the bare minimum you require. You can access the Chart of Accounts from the Reports menu. [image] Each account is identified by a 4 digit account number. These account numbers are shared by many other…