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October 13, 2021
Question

Why Income in the P/L report differ from the income in the Sales Tax return?

  • October 13, 2021
  • 1 reply
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1 reply

October 13, 2021

Hi ashraffs21,

 

I'm glad to see you reaching out to Community!  Welcome!  I can see how having different amounts on the Profit and Loss can be somewhat concerning when it's not matching the Sales Tax return.  In QuickBooks Online you'll be able to research and locate any activity that may be causing the difference.  I'd be happy to assist you!

 

I'd recommend reviewing a transaction report, by following these steps:

 

1. Select Taxes and then Sales Tax from the left navigation panel

2. To the far right, click on the drop-down arrow for Reports

3. Select Transactions without Sales Tax

4. Choose the Date Range

5. Click on an item to open, review and make any corrections necessary

6. Review your changes and hit Save and Close

 

You'll be able to view the updated amounts in the Sales Tax module to ensure your filing is accurate.

 

If you have any other questions, or require additional assistance, please feel free to reach back out.  We'd be happy to help!