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Buy nowMy question is regarding revenue recognition. We are a SaaS business so it is a requirement for us to report our sales accurately, the revenue recognition has helped me to make sure the sales are being recorded correctly. My issue is that when I run my P & L the total income is nowhere near where it should be.
Does that mean that something is not mapped correctly? How can I get my P & L to reflect the correct sales?
Hello FThompson
Thank you for reaching out to the QuickBooks Community! You are correct! There is something that is not being mapped correctly. I recommend going through your items and double-checking the accounts associated with them.
Let me know if you are still experiencing any issues, We are here to help. Take care.
@SashaMC Why are you whispering?
In fact, why do so many of the QuickBooks staff whisper lately?
Do you just not like people who have trouble with small font sizes?
@FThompson RE: My issue is that when I run my P & L the total income is nowhere near where it should be.
You can double-click on the P&L's summary numbers to see what's included in them. Use the resulting detail report to determine if there are missing or extra details and then resolve that if you see errors.
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