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Lawson-Chung
Level 1

How do i add tax expenses and profit after tax (net income) in my P&L sheet?

 
1 Comment 1
ClarenceCort_B
QuickBooks Team

How do i add tax expenses and profit after tax (net income) in my P&L sheet?

Hello there, Lawson.
 

To show tax expenses and profit after tax in your Profit & Loss sheet, you can export the report from QuickBooks Online to Excel and customize it there. This allows you to include additional calculations.


You can also run the Transaction Detail by Account report and filter it to the specific accounts you need (for example, Income or Expense) so that only the relevant data appears.
 

Here’s how:
 

  1. Go to Reports.
  2. Open the Transaction Detail by Account report.
  3. Select Customize.
     

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4.  Under Accounts, choose the specific accounts (e.g., Income, Expenses)


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 5. Run the report to view the filtered data.
 

If you have any further questions or need assistance with QuickBooks, feel free to click the Reply button.