3 years ago
Income variance
Hi all, I am having trouble figuring out why the income and expenditure on my Bank Transactions is correct but when I run a Profit and Loss report for the same period the income is less but the exp...
Hi
The only thing I can suggest is that there has been an account coding error.
Is there something that stands out in your balance sheet or P&L that would account for the difference
If you can identify the amount that you are missing , and if it is only the one amount you could do a find transaction and look for that amount and check the coding
Otherwise you could run a general ledger report and select the dates you are after ( expand all) and check the transactions that way and find the error
Hope that helps
Lisa
Thanks Lisa,
It turned out to be a GST Component associated with one line of income, happy to have found it.
Gary05
Search the Community Forum for answers or find your topic and get the conversation started!
Find technical support and help for all MYOB products in our online help centre
Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.