Hi, Can someone explain why this year my Sales by Customer Summary and Tax Liability match but my Profit and Loss Sales do not. I use an Accrual system and have not sold any assets this year.
This has had huge implications on my net income.
Sounds like an issue with your Item linked accounts.
Have a look at your Item List & check that all Items are linking to an Income account on the Sale side (& - where applicable - an Expense or COGS account on the Purchase side)
Shaz Hughes Dip(Fin) ACQ NSW, MICB
*** Reckon Accredited Partner (AP) Bookkeeper *** (specialising EXCLUSIVELY in Reckon Accounts / Reckon Accounts Hosted!)
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