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October 31, 2019
Question

Mabrown profit and loss statement and PAYG payment summary does not match?how can we do?

  • October 31, 2019
  • 1 reply
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1 reply

October 31, 2019

Let me share information where the PAYG payments are posted, info550.

 

The PAYG payments are registered under the PAYG withholdings payable account. This is a liability account and will be reflected in the Balance Sheet report ( not in Profit and Loss report).

 

For more details about the PAYG Payment Summary report, you can check out this article: How to create and lodge a PAYG Payment Summary Report.

 

If you need assistance with reviewing your PAYG payment summary, please contact our Customer Support Team.

 

Here's how:

 

  1. Click Help on the top menu.
  2. Choose Contact us.
  3. Enter review PAYG payments in the What can we help you with? field.
  4. Click Let's talk.
  5. Choose Chat or Get a callback to connect with us.

Loop me in if you need anything else in QuickBooks Online. I'll be here to help.