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Everything you need to know about banking in QuickBooks Online - Discover more

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ColinC
Level 2

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Hello Quickbooks,

 

I have to agree with Jonny that this explanation isn't very helpful.  I've attached a screen shot of the tax profile section where it asks for 'Other Income (i.e. rental income)'.  For this accounting programme to tell me how much I owe HMRC, surely you'll be able to tell me whether this is the total amount of money I make in profit (less mortgage, service charges and other costs), or the total income I make (inclusive of these charges?).

 

Thanks 

 

Colin

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