Is there a report where it shows the EBIT, income tax and then the profit after tax?If there is how do I access it?

Hi there, Userinfo152.

Currently, QuickBooks Online doesn’t offer a built-in report that directly displays EBIT (Earnings Before Interest and Taxes), income tax, and profit after tax in a single, consolidated format.

We can use the Profit and Loss report to obtain the data needed to calculate these figures.

Here's how:

1. Go to the Reports menu on the left-hand side.
2. Search for or select Profit and Loss under the Business Overview section.
3. Customize the report as needed (for example, set date ranges, filters, etc.).
4. Review the key sections of the report:
   • EBIT: Subtract Cost of Goods Sold (COGS) and Operating Expenses (excluding interest and tax) from Total Income.
   • Income Tax: Review the Expenses section for tax-related entries if recorded separately.
   • Profit After Tax: Refer to the Net Income at the bottom of the report.

For a more organized view, you can export the Profit and Loss report to Excel. From there, you can add new rows and formulas to display and calculate these metrics in a way that works best for you.

Alternatively, you can explore third-party apps that integrate with QuickBooks Online to streamline the process of calculating and visualizing these figures.

If you have any further questions or require additional assistance, please add a comment below. We are here to help.