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Tag Archives: Profit & Loss
Reviewing the Profit & Loss Report in QuickBooks
My experience over the years has been that business owners do not look at the Balance Sheet report often, if at all. However, nearly every business owner I have worked with has reviewed the Profit & Loss Standard report for … Continue reading
Troubleshooting the Profit & Loss Standard Report in QuickBooks
If you suspect errors with your financials, drilling down (double-clicking with your cursor) on the Total Income, Cost of Goods Sold, or Expense totals from a Profit & Loss Standard report might provide clues to the mistakes. To generate this … Continue reading
QuickBooks – Accrual or Cash Basis Reporting?
Choosing a Reporting Basis Are you a business owner unsure of what critical information you should be reviewing in your data file and how often you should perform the review, or are you an accounting professional new to the QuickBooks … Continue reading