Comparative Profit & Loss, P&L, Income Statement 3.20

QuickBooks Online 2021 comparative profit and loss, p&l or income statement, let’s get into it with Intuit QuickBooks Online 2021. Here we are in our free QuickBooks Online test drive file, which you can find by searching in your favorite browser for QuickBooks Online test drive. When Craig’s design and landscaping services, we’re going to go down to the reports on the left hand side and take a look at a comparative profit and loss. We’re going to construct one from a standard Profit and Loss report.

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Enter Service Items & Invoices 8.75

In this presentation, we’re going to enter service items into an invoice. So we’re going to be adding customers as well as new service items as we do. So let’s get into it with Intuit QuickBooks Online. Here we are in our get great guitars file. I’m going to go to our flowchart in the desktop version just to consider what we are doing here. We’re now going to be creating invoices and this is are going to be invoices for guitar lessons that guitar lessons are going to work like this. We’re going to be doing their Guitar Lessons through the month, then we’re going to determine the hours that were spent on the guitar lessons similar to if we were a law firm or a accounting firm, then we’re going to bill the clients for those guitar lessons and have different billable rates for who the guitar lesson was with.

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