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How do I calculate my turnover?

by Intuit Updated 10 months ago

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 be 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.

  1. Select Reports.
  2. In the search bar type in Profit and Loss Comparison and click on it. 
  3. If required, adjust the Report Period and Compare to another Period.
  4. Select Customise.
  5. Select Rows/Columns.
  6. Select Previous year (PY) and % change.
  7. Select Run Report.

Note: Simple Start users will not be able to customise this report. Please use the links above to access it.

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