NiranjanD
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- Username NiranjanD
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- 11
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Re: Non-operating Expenses And Recurring Expenses
@phik yes, you are correct. However, the only error would be in the presentation of Income Tax in the P&L statement as Operating Expense. The net profit figure should be accurate. There is no rea… (View Post)2 -
Re: How to record Corporation Tax so it isn't included in expenses
Hi all, I have similar problem. The platform doesn't have any option for adding Non-operating Expenses, that comes after the Operating Profit, such as Corporation Income Tax, gain/loss on investments… (View Post)2 -
Re: Any Wavers from INDIA?
Hi, I recently started using Wave. Although, to be honest, I'm not using this to manage my business. I'm using this to manage my personal finance. I find using accounting solutions like Wave to be mo… (View Post)1 -
Non-operating Expenses And Recurring Expenses
This is really a very important thing. All business have certain expenses that cannot be categorised as operating expenses. These expenses are shown in profit and loss statement after/below the Opera… (View Post)20 -
Re: Income Tax and HST return
Hi @SandyL I'm little confused about your 2nd and 3rd steps. In the 2nd step, you said you move money from bank to the Federal Income Tax, which is a ST Liability account. In 3rd step, you said that … (View Post)1