QB Issue Resolution:

Reconciling the bank account doesn’t have anything to do with your net income or loss. Cash flow does not mean you’re profitable. I’d suggest you talk with your accountant or tax professional for help understanding your financial situation.

Resolution for Issue 'Trying to understand my Profit and Loss Report from month to month' available: Yes (Solved).
Source: Intuit Community forum.

Trying to understand my Profit and Loss Report from month to month: 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 Profit and Loss
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Error Recovery for Profit and Loss [Canada]
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