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nancy-humba
Level 1

Sales figures on P&L are not the same amounts as Sales on TB

 
1 REPLY 1
MarshallA
Intuit

Sales figures on P&L are not the same amounts as Sales on TB

Hello,

 

I'm not sure if the UK version is different than US but if it's the same, keep this in mind.

 

P&L Report looks at All INCOME.

Sales Reports look only at Sales Transactions (invoices, sales receipts, etc.)

 

If you record a deposit and offset an income account, it will show on the P&L but NOT on any sales report because no sales transaction was used.

 

That might be why your 2 reports are showing different amounts.

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