Hi,
This is an urgent Issue.
We had a an issue with not all our some of Invoice not having the correct sales tax agency and now need to file and Amendment. In doing research we discovered that total sale on P&L Is a good bit less than Income we have recorded on Invoices for 2023. I exported all in AR Invoices and this total is good bit higher then what is showing on P&L.
Is this normal?
Best answer by Laura02
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+18
Hello,
Please compare the total Income on the P & L report to the Total Income shown on Finance → Trial Balance Report. Filter for Income accounts:
P & L reports can be modified. P & L reports can, sometimes, miss a new account that has been added to the chart of accounts (if Account Class in COA is missing or new).
GL Trial Balance will always tell you the total income recorded in Acumatica.
To determine whether the P & L has any design issues: compare the Net Income on the Last Page of your P & L report to the Balance in the YTD Net Income Account on the Finance → Trial Balance Report.
Laura
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