QB Issue Resolution:
profit and loss have nothing to do with bank accounts, P&L is income from customers, and expenses the business has
where the money from sales or the payments are made from is cash flow
a balance sheet always contains the bank accounts, a balance sheet is the status of the business on the date of the report, it shows the state of the business from start to now
you can report on any account from the chart of accounts though
Resolution for Issue 'HOW CAN I GET SEPARATE PROFIT/LOST AND BALANCE SHEET REPORTS FOR EACH BANK ACCOUNTS?' available: Yes (Solved).
Source: Intuit Community forum.
HOW CAN I GET SEPARATE PROFIT/LOST AND BALANCE SHEET REPORTS FOR EACH BANK ACCOUNTS?: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.Support for Balance Sheet
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Error Recovery for Balance Sheet [Canada]
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