How can I view business deposits into my checking account in reports
I'm trying to view the deposits for my business in my checking account that are linked to an invoice in either the "income" or "income & expense" reports. However, I'm only able to see the invoices sent, but not the actual deposits. I've tried everything I can think of to get the deposits to show, but nothing seems to work. For my final test I tried the following.
- Modify the deposit transaction to not be excluded from reports
- Add a tag to the deposit
- Go to the income report and set the filters to include the date range of the deposit and the tag.
- The deposit doesn't show up and the report shows no transaction activity.
What I should see is the single deposit associated with the tag.
I can't seem to think of anything else to try to get this deposit to show up in the report correctly. It seems like the only thing I can view for the business is the invoices and not the actual deposits by date.
Best Answer
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@skano, thanks for the reply!
It looks like both the Income & Expense Report and the Profit & Loss Report can be changed to a cash basis, which should show the report based on when the income was received versus when it was billed, according to the definitions in our support article here.
Does this help with what you're looking for? If not, I think providing some screenshots showing what's going on with these reports in Quicken Business & Personal will help the Community have a clearer picture.
-Coach Natalie
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Answers
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Hello @skano,
Thanks for reaching out! If you want to see how your invoices impact your business finances, refer to the Profit & Loss Report. In this report, you can view your business's revenue, expenses, and costs over time. If you have multiple businesses added, you can review the profit and losses for each business individually or all together. Invoice items count toward your income. Billable expenses are reported in two places: the expense itself appears under expenses, while any reimbursement for that expense is reported as income.
For more information on business reports, you can visit our support article here:
I hope this helps!
-Coach Jon
-Coach Jon
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Hi Jon,
Unfortunately, that's not showing me the data I need. When I look at the profit and loss report I can see the invoices sent out marked as business income. However, this does not match the actual payment date (assuming the invoice is paid). I need to see the real deposits in the month that they happen, but can't seem to do that.
For example, If I send out a $100 invoice on 1/30/25 and that invoice is paid on 2/10/25 I should see the $100 in income on a report in February, not January. I'm not sure how to configure the reports to show this activity.
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