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April 27, 2019
Question

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

  • April 27, 2019
  • 1 reply
  • 2 views
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1 reply

Level 6
April 27, 2019

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.