no there's a reason that they don't cancel out. but my calculus sucks to understand it conceptually. i asked this question a few days ago on reddit:
Me: If you substitute ΔU = Q - PΔV into ΔH = ΔU + PΔV:
ΔH = ΔU + PΔV
ΔH = (Q - PΔV) + PΔV = Q
ΔH = Q
Them: It was bad math, work in differential form:
dU = dQ + dW
Assume we only have PV work
dU = dQ - PdV
H = U + PV
dH = dU + PdV + VdP
dH = dQ + VdP
Thus, dH = dQ only with constant pressure