Monthly sales summary
Hi, wonder if anyone could help me(and my accountant) understand something?
On the monthly summary reports, we have income top left, expenses top right,, transfers bottom left, but how do you interpret the "tax" column in the bottom right hand corner? For example, its showing tax debits of £114.79 and tax credits of £2,400.51. Do these amounts need to be knocked off the expenses amount or something else?
Monthly sales summary
Hi, wonder if anyone could help me(and my accountant) understand something?
On the monthly summary reports, we have income top left, expenses top right,, transfers bottom left, but how do you interpret the "tax" column in the bottom right hand corner? For example, its showing tax debits of £114.79 and tax credits of £2,400.51. Do these amounts need to be knocked off the expenses amount or something else?