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Level 1

Profit and Loss Report

When we print our P&L Report the sales figures appear to include GST (Australia) whilst the Expenses exclude GST. We want to ensure the Reports are always "exclusive of GST". We cannot find a setting or preference to select this.

1 Comment
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QuickBooks Team

Profit and Loss Report

Hi BrianQDT,

 

The P&L figures should be showing the Sales and Expenses as exclusive of GST by default, as GST is recorded into the Balance Sheet as a liability. If this is not the case, I would suggest that you contact Customer Success here so the team can have a further look. 

 

Thanks!