Question asked by Amanda Hinton 5 days ago
Is there a way to create a report so I can see the difference between the Total expenses & Taxable expenses. I need to investigate why there are difference's as both amounts should be the same. I also amended a code today, so it was correct and taxable, but the total did not change. Was that because it was not reconciled? If yes, how can I amend so it is reconciled?
Hi Amanda,
The best way to cross reference this is to click on the Total Expense figure on the Dashboard under MTD for Income tax. Then, on a separate tab, click on the Expenses header. For the amended code, can I confirm which account code you selected and can you confirm this is dated within Q1?
Tommy
The issue I have is the taxable hasn't included all amounts, even though it has been coded the same. For example when I compared all the costs the other day, 4002002, heat and lighting the amount it different. Does that make sense? I am wondered if I need to start from the very beginning and delete everything.
Hi Amanda,
Heating and lighting is a taxable expense and will be included in the quarterly updates. If they are not being picked up, it is likely the transaction falls outside Q1.
Tommy
You must 