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evo_sol_serv
April 17, 2023
Question

QuickBooks rounding up

  • April 17, 2023
  • 1 reply
  • 0 views

Hello

 

I've just signed up for the self employed version of QuickBooks.  Last financial year I kept income & expenditure statements in google sheets and have imported the full year.  However, i've noticed that QuickBooks has rounded up my income.  For self-assessment is this ok as I would have thought I would have needed to submit the exact amount e.g. £1,111.11 not £1,112.  

 

Can anyone advise me please?

 

Many thanks

 

Elizabeth

1 reply

A
Ashleigh1
April 17, 2023

Hello Evo_sol_serv, thanks for posting on the Community page,  there is no way to stop the rounding happening in QuickBooks self-employed. QuickBooks self-employed is only a partial template for you to use to help fill in the actual self-assessment form on HMRC website.

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