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Why are my "Net Operating Income" and "Net Income" the same in my Profit & Loss Report?
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Good day, @emilee11!
I'm here to provide you insights about your Profit and Loss report.
The Net Operating Income is your revenue through daily sales of operating your business. While the Net Income is your clean income. It means your total income with taxes already deducted.
Once your corporate taxes are recorded and settled, your net income will reduce.
I suggest contacting your accountant to discuss more about your accounting books and your Profit and Loss report.
Feel free to leave a comment below if you have any other questions. We're always here to help.