Finding out taxable income at the end of the year

2018-03-07 Thread H0wdy
Hello everyone, I do invoices throughout the year and have the income go to income:sales.  However, I don't necessarily get paid in full for the invoices, so at the end of the year, I cannot look in income:sales to determine how much taxable income I report, because it would include how much I'm

Adding reimburseable expenses to invoices

2018-03-07 Thread DaCappie
Hi, On almost all my invoices for my business, I either request the customer reimburse me for USPS shipping or filing fees. So, a typical invoice will have two lines: 1. WORK THAT IS DONE - income account - income:sales - $2,000 2. Shipping - income account - income:reimburseable expenses ---

RE: Fix for stock price fetch from ASX

2018-03-07 Thread Chris Good
Hi, If you installed the new ASX.pm after my mail below, please do it again as I left out a line that causes the currency to be omitted when looking up a stock which begins with X which is not an index, E.g XRO. Sorry for the inconvenience. Regards, Chris Good > -Original Message- >

Re: Integrating Profit and Loss Report into a set of books and the trial balance

2018-03-07 Thread Stan Brown
On Wed, Mar 7, 2018, at 10:56 AM, John Wilson wrote: > Stan, > Thank you for your prompt help. > Attached is my first P statement which shows an income of $1,458.23 > but when I run a trial balance it does not appear in Earnings, which > Equity:Earnings account that I set up. Correct. The Trial

Re: Integrating Profit and Loss Report into a set of books and the trial balance

2018-03-07 Thread Mike or Penny Novack
On 3/6/2018 10:13 AM, jcnw wrote: I am setting up a set of books for a small church and need to run a month profit and loss report. How do I enter the Net Income for the Period into the books so it shows up in the balance sheet? I have set up the books with Income, Expense, Asset and Liability