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How do I view my monthly business profit and loss?

The Profit/Loss page in Quicken shows a monthly snapshot of each business’s income, expenses, and net profit or loss. This includes both recorded and scheduled transactions from all accounts tagged to a business. Use it to evaluate past performance, track the current month, or forecast the future.

What the snapshot shows

The In/Out/Profit/Loss snapshot includes:

In – Business income already recorded plus income that is scheduled using reminders.

Out – Business expenses already recorded plus expenses that are scheduled.

Profit/Loss – The difference between In and Out, showing whether your business is running at a profit or a loss.

You can view actual values for past months, a combination of actual and projected values for the current month, and projected values for future months. Use the arrows next to the date to switch months.

Note
Uncategorized transactions are not included in this snapshot.

How to view your Profit/Loss snapshot

  1. Select the Business tab.

  2. If needed, select the Profit/Loss button.

  3. Review the In/Out/Profit/Loss snapshot at the top of the page.

To see more detail, select any blue text to open a mini report, or choose Profit/Loss Details for a full report of all transactions that make up the snapshot.

Use cases and related tools

Use this feature when you want to:

  • Monitor business profitability month by month

  • Compare projected vs actual performance

  • Adjust future expectations based on scheduled income and expenses

  • Resolve tagging or categorization issues

  • Schedule new income or expenses directly from the snapshot

Related tools:

  • Business Reminders tab – Lists upcoming bills and deposits for your business.

  • Profit/Loss Details report – Summarizes all transactions for each business, regardless of account.

  • Tax deduction section – Shows deductible expenses already categorized and those still needing review.

Common questions

What do terms like “projected profit” or “change from last month” mean?
Select the question mark icon next to any term to view an explanation.

Which transactions appear in the snapshot?
All business-tagged transactions, even if they’re in personal accounts.

How do I add new transactions?
Enter the transaction in the account register or use Add Reminder under Bills & Income.

How do I fix a miscategorized or mistagged transaction?

  • Change the category for categorization errors.

  • Edit the tag if it’s assigned to the wrong business.

  • Select Edit Business if you need to correct business-level tagging.

If you manage multiple businesses

Use the Show dropdown above the snapshot to select a different business.

If you see Unknown Business, Quicken can’t determine which business a transaction belongs to. This may be caused by:

  • A transaction with multiple business tags

  • A transaction with no tag at all

How is this different from Profit/Loss reports?

The snapshot combines recorded and scheduled data. It’s interactive and immediate, making it ideal for short-term planning and adjustments. In contrast, Profit/Loss reports show only record

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