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aedarboe85-gmail
Level 1
posted
‎July 01, 2023 05:18 AM
last updated ‎July 01, 2023 5:18 AM

Nothing is reporting in changes in equity for 2020 when I had net earnings of GMD5,923,925.00. That is a bit baffling

 
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1 Comment 1
Rubielyn_J
QuickBooks Team
QuickBooks Team
‎July 01, 2023 12:03 PM

Nothing is reporting in changes in equity for 2020 when I had net earnings of GMD5,923,925.00. That is a bit baffling

Hello there, Aedarboe.

 

Let's evaluate your Profit and Loss Detail report to ascertain whether it's showing an overstated amount. Let me show you how: 

 

  1. Select the Report menu.
  2. In the Find report by name field, search and choose the Profit and Loss Detail statement. 
  3. Choose the accurate date.
  4. Once done, click Run Report. 

 

Then, edit each transaction if necessary. After that, pull up a Balance Sheet Detail to locate the affected transactions. Once you see some discrepancies, ensure to correct them.

 

I have also included a collection of articles that delve into the topic of managing reports in QuickBooks Online, serving as a valuable resource for expanding your knowledge:

 

 

Feel free to visit us anytime if you have other issues or discrepancies displaying on your reporting. The QuickBooks Community would be glad to help you again. 

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