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Kathy59's avatar
5 months ago

AE Accounts reports

I am print partnership accounts using the formatted options under reports in the clients AE database.


The Profit & Loss statement is reading as:


Profit before income tax   $XXX

Income tax expense          $XXX

Profit after income tax      $XXX


The Income tax expense value picked up is the Drawings, income tax under the Partnership equity accounts.


As the partnership itself does not pay any tax, why is the report picking this up  and how can I can it?



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