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ahmed-qamar26
Level 1

Need report like opening- purchase, sales , closing with tax rate

 
1 Comment 1
MirriamM
Moderator

Need report like opening- purchase, sales , closing with tax rate

Thanks for reaching out to us, @ahmed-qamar26.

 

In QuickBooks Online (QBO), we have separate reports that you can run for your Purchases and Sales. 

 

As for your Purchases, you can go to the Expenses and vendors section on your Reports menu and the Sales and customers section for the Sales. From there, you can choose Purchases by Vendor Detail or Sales by Customer Detail. These reports will show your purchases, sales, grouped by vendor and customer. As for showing the closing tax, you can customise the report to add customisation to include Tax.

 

Here's how:

  1. In the left menu, click Reports.
  2. Go to the Standard tab.
  3. Type in the report you need in the search bar.
  4. Click the Customise button at the top.
  5. Set the Report period and Accounting method.
  6. In the Rows/Columns section, click the Change columns link.
  7. Select the tax information you want to show.
  8. Set the other necessary filters. 
  9. Click Run report.

To learn more about running reports, see the below articles:

If you have further questions about reports in QBO, I'm just a click away. Have a great day.