Overview
Many small business owners and self-employed professionals find it challenging to keep their personal and business finances organized. Without clear reporting, it can be difficult to evaluate business performance, prepare for tax season, or make informed financial decisions.
Quicken Business & Personal includes a variety of business reports to help you track income and expenses, monitor profitability, and review tax-related information. You can generate reports such as Profit & Loss, Balance Sheet, and Tax reports, giving you a clearer view of your business's financial health.
Note: This article covers business reports only. For information about reports in general, see:
General report information:
Filtering, customizing, and saving reports:
Printing and exporting reports:
Note: Forms 1120-S and 1065 are not currently supported for reporting.
Types of Business Reports
Quicken Business & Personal includes business reports that use your business accounts and business categories to provide insights into your finances. You can also choose your preferred accounting method when generating reports.
Profit & Loss: The Profit & Loss report shows your business income, expenses, and overall profitability for a selected time period. You can view results for a single business or combine results from multiple businesses, and you also have the option to include your personal finances in the report.
Balance Sheet: The Balance Sheet report shows your business assets, liabilities, and overall financial position. You can view the report for a single business or combine results from multiple businesses.
Taxes: The Taxes report shows totals for tax-related categories over a selected time period. You can view the report for one business or combine multiple businesses, and you can also choose to include your personal tax information.
For information about other report types, see Types of Reports on the Web App or Types of Reports on the Mobile App.
Note: The Balance Sheet report is available for the current year only.
Change Report Usage
If you have multiple businesses, you can generate reports for a single business or, where supported, combine results from all of your businesses. Most business reports also let you include your personal finances, with the exception of the Balance Sheet report.
Instructions for Web App
Click the Usage menu in the upper-left corner of the report.
Select the business or finances you want to include by checking the corresponding box(es).
Instructions for the Mobile App
Click the Usage menu in the upper-left corner of the report.
Select the business or finances you want to include by checking the corresponding box(es).
Tap Apply.
Change Report Accounting Method
When viewing reports in Quicken Business & Personal, you can choose the accounting method used to generate the report.
Accrual: Records income when it is earned and expenses when they are incurred, regardless of when money is received or paid.
Cash: Records income when payments are received and expenses when they are paid.
Instructions for Web
Click the Settings (gear) icon in the upper-right corner of the report.
Select your preferred accounting method.
Instructions for Mobile
Tap the Edit Report icon in the upper-left corner.
Under Accounting Method, select your preferred accounting method.
Tap Apply.
If you have any questions or need help with your business reports in Simplifi, our support team is here to help.