profit and loss report for last financial year. BAS payments not included in the expenses. profit is not the actual as BAS payments need to be deducted. How to do?

You'll want to ensure that you've recorded your GST Payments (BAS Payments) in the GST centre, undupitiwije-sws.

Once you've made the payment to the ATO, record it in QuickBooks by following these steps: 

1. Go to GST, then navigate to the To Do tab.
2. Select Record Payment on the activity statement you want to record a payment against.
3. Enter the Amount paid.
4. Select the Account the payment was withdrawn from and the Date of the payment.
5. Enter a Memo for the transaction if required.
6. Click Save.
    

On the other hand, you can follow the detailed step-by-step process in this reference if you don't use the Lodge BAS function in the GST Centre.

Keep me posted if you have additional questions about managing your financial reports in QuickBooks Online. Click the Reply button and we're determined to help you in any way we can, undupitiwije-sws.