Sales Tax Report vs Profit/Loss
Ivan1111111111
Member Posts: 4
Hello Community,
I hope this question is not too obvious but I've been struggling with it.
RE: The amounts of "Sales Subject to Tax" and the amount in the amount in the Profit/Loss statement (sales, gross, net profit) are very different.
My understanding is that these two numbers should be the same for a given period. I am trying to find the amount of Tax I have collected from my sales (what is entered into my invoices) for my HST reconciliation.
Does anyone know what I am missing? Please let me know if you have questions.
Thanks
Ivan
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