Skip to main content
January 3, 2021
Question

After all expenses and income, my bank has x amount to get exact profit loss and expanse for NEXT YEAR where should I ADD that x amount?

  • January 3, 2021
  • 1 reply
  • 0 views
Original commenter did not share additional details

1 reply

PatriciaT
January 4, 2021

Hi info1437,

 

Welcome to the community family! I know how important it's to accurately organize your transactions in your books. QuickBooks Self-Employed has every tool you need to help you produce precise reports for your business needs. I'll be happy to point you in the right direction with this.

 

When it comes to whether you should record a transaction or not, how to record it, and how to categorize it, your accountant is the best resource for more information and proper guidance. For that matter, I'd strongly encourage you to reach out to an accountant to ensure that everything's lining up correctly in your books. If you don't have an accountant, you can easily connect with one around your area on our Find-a-ProAdvisor website

 

I hope this helps! Don't hesitate to stop by if you have more questions.