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posted Jan 5, 2020 7:35:15 PM

Why doesn't my Business Statement net income match my accounting records in my system? It's different by at least $2,000. How do I fix this?

I've added all by income, cost of goods sold, and operating expenses correctly.  There's no vehicle write-off or capital purchases.   Everything seems to be correct except the final net income.  Should I put the difference as other revenue to declare correct amount?

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Moderator
Jan 29, 2020 10:28:21 AM

Are you Self-Employed or are you doing taxes for an Incorporated business?