Solved

Quickbooks Turnover Report

Posted on 2014-02-10
1
1,963 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 94

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

Free Tool: Site Down Detector

Helpful to verify reports of your own downtime, or to double check a downed website you are trying to access.

One of a set of tools we are providing to everyone as a way of saying thank you for being a part of the community.

Question has a verified solution.

If you are experiencing a similar issue, please ask a related question

As the Marketing Director for the company I work for, time is a commodity that I have relatively little of.  My time is divided between coaching my team, creating a direction for our company's future AND actually getting stuff done.  As a result, I …
The advancement in technology has been a great source of betterment and empowerment for the human race, Nevertheless, this is not to say that technology doesn’t have any problems. We are bombarded with constant distractions, whether as an overload o…
The Email Laundry PDF encryption service allows companies to send confidential encrypted  emails to anybody. The PDF document can also contain attachments that are embedded in the encrypted PDF. The password is randomly generated by The Email Laundr…
Finds all prime numbers in a range requested and places them in a public primes() array. I've demostrated a template size of 30 (2 * 3 * 5) but larger templates can be built such 210  (2 * 3 * 5 * 7) or 2310  (2 * 3 * 5 * 7 * 11). The larger templa…

820 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