Hi guys.
im a real rookie at quickbooks but I started doing all of my estimates on the quickbooks, when a customer is happy to go ahead after taking a deposit I move the estimate to invoice.
ive reconciled the bank account etc, but my net profit shows extremely higher than what’s in my account - actually in a few months into business we are at a loss, but the net profit shows 30k profit.
im really confused, have I missed something. Please help!