If I run a P&L for the month of may 26 and compare it to Previous Period. Why does the previous period range from 31March to 30April rather than just April?

This happens because QuickBooks calculates the previous reporting period based on the exact number of days in your current period. Since May has 31 days and April has only 30, the system automatically includes March 31st to ensure a full 31-day count.

To make a comparison specifically to April, here's how:

1. In your Profit and Loss report, select Custom period (CP) in the Compare to dropdown menu.
2. Set the specific date to compare in the From and To fields.

You can also customise and save a report according to your preferences.

Please let us know if you need help adjusting any other date comparisons by clicking the Reply button below.