Understanding your profit or loss from last month

Quicken displays your actual profit or loss for the previous month in the In/Out/Profit/Loss snapshot on the Business tab. This snapshot helps you quickly understand whether your business earned more than it spent over the past calendar month.

How it works

Quicken calculates your monthly profit or loss by subtracting your total business expenses from your total business income. The total includes transactions from any Quicken account you've associated with your business.

To ensure accuracy, Quicken uses the following information:

• Income: Includes deposits or payments categorized as business income.

• Expenses: Includes payments, withdrawals, or charges categorized as business expenses.

• Filters: If you track more than one business, make sure you've selected the correct business in the drop-down list.

Keep your numbers accurate

For reliable results:

• Use appropriate categories such as Business Income or Office Supplies.

• Tag transactions with the correct business name, especially if you manage more than one.

• Avoid mixing personal and business transactions in the same register.

If the profit or loss shown doesn’t match your expectations, consider running the Profit and Loss report to review your transactions in more detail.

This feature requires Quicken Business & Personal. Learn how you can upgrade Quicken in minutes.