Solved

Quickbooks Turnover Report

Posted on 2014-02-10
1
1,773 Views
Last Modified: 2014-02-24
QuickBooks 2010

How can I run a report in QuickBooks that would provide my accountant with a report for the company of "Turnover for the pervious year net of VAT" ?

Thank you,
Robbie
0
Comment
Question by:IP4IT Staff
1 Comment
 
LVL 90

Accepted Solution

by:
John Hurst earned 500 total points
ID: 39849919
When Sales Tax is filed, the Revenue and Input Tax Credit accounts are affected by the filing itself.

With that in mind, there are two reports that you can go back to in history.

1. In QuickBooks, Reports, View File Sales Tax Returns. These are internal PDF copies of the actual filing. They are on the same basis as the filing dates (quarterly in my case).

2. In QuickBooks, Reports, Tax Agency Detail Report. Select the Tax Agency, and then select go to the Dates pull down and select (say) Last Sales Tax Year. That will give you all the revenue and input tax credit transactions for the year. Of course the filing journal entries are included and the ITC totals to 0 if the last quarter was filed.

The Tax Agency Detail Report can be exported to Excel if you want to further summarize it or exclude the filing records.

Those are the two basic ways to get historical Sales Tax Reports.

Please let us know if we can assist further.
0

Featured Post

Maximize Your Threat Intelligence Reporting

Reporting is one of the most important and least talked about aspects of a world-class threat intelligence program. Here’s how to do it right.

Join & Write a Comment

You may need to view past transactions from previous QuickBooks files or other QuickBooks company files when:       1. you are working in another QuickBooks file       2. QuickBooks is closed QuickBooks users who would benefit from this artic…
Messaging apps are amazing tools with the power to do a lot of good, but the truth is the process of collaborating with coworkers requires relationships established through meaningful communication - the kind of communication that only happens face-…
Excel styles will make formatting consistent and let you apply and change formatting faster. In this tutorial, you'll learn how to use Excel's built-in styles, how to modify styles, and how to create your own. You'll also learn how to use your custo…
This tutorial demonstrates a quick way of adding group price to multiple Magento products.

706 members asked questions and received personalized solutions in the past 7 days.

Join the community of 500,000 technology professionals and ask your questions.

Join & Ask a Question

Need Help in Real-Time?

Connect with top rated Experts

20 Experts available now in Live!

Get 1:1 Help Now