There are currently a number of stimulus packages available to small businesses where you may be required to calculate your turnover to determine eligibility, Below we’ll guide you through the process.
We've created a customised report to help you calculate this:
For QuickBooks Online users: Click Here
Note: If you are not currently logged into QuickBooks Online, you will taken to the login page. After signing-in, the report will load.
For QuickBooks Online Accountant users: Click Here
Note: Please log in to QuickBooks Online Accountant and access your client's file prior to clicking the link.
The change in turnover will be displayed in the Net Earnings row under the % Change Column
Alternatively, you can customise and run the report yourself
- Select Reports in the left hand menu
- In the search bar type in Profit and Loss Comparison and click on it.
- If required adjust the Report Period and Compare to another Period
- Select Customise
- Select Rows/Columns
- Select Previous year (PY) and % change
- Select Run Report
Note: Simple Start users will not be able to customise this report, please use the links above