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You are here: QuickBooksForum.com.auForumSoftwareQuickbooksExpences being added to income in P&L
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Expences being added to income in P&L
Expences being added to income in P&L
« on: August 04, 2010, 10:16:19 AM »
I'm a sole trader using EasyStart 2010/2011 just started business in Jan 2010 and not registered for GST as turnover below $75,000. I have entered all sales for the last 6 months but when I try to enter expenses to calculate profit it seems to get added to income rather than coming off it. I may be entering expenses incorrectly but it I can't see how. Please help if you know what I might be doing wrong.
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  • Carrie
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Re: Expences being added to income in P&L
« Reply #1 on: August 04, 2010, 11:37:53 AM »
What account are those expenses going to?  Check that its actually going to an expense account and not an income account. 

Without more information, thats probably the only advice I can give right now.

Cheers

Carrie
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