31
Jan

In QuickBooks, why doesn't my Income match my Sales by Customer?


Answer:
"Sales" reports in QuickBooks only track sales due to Items you used on Invoices, Sales Receipts, or Credit Memos. These reports do not include sales recorded in the general journal or Make Deposits screens, or other screens where items were not used.

"Income" reports track any transaction posting to a sales account in the chart of accounts. This includes sales recorded on Invoices, Sales Receipts, or Credit Memos, as well as sales recorded in the general journal, Make Deposits screen, and any other screen where you can post directly to the chart of accounts.


Answer:
first be sure, if the reports you are comparing are both cash or accrual basis, next make sure all your income is "coded" to a customer.

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This entry was posted on Thursday, January 31st, 2008 at 11:47 pm and is filed under Personal Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or TrackBack URI from your own site.

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