Business Assets: why is there such a vast difference between the Business Profit amount on the Transaction page, the business profit on the Taxes page and the P+L YTD amount?
The Taxable Business Profit in the Taxes section shows the total income reported to QuickBooks Self-Employed (QBSE). This report includes total spending and Schedule C Deductions per Schedule C categories. It also includes Other Deductions, such as Health Insurance, Estimated Tax Payment Summary, Home Office, Business Assets, and Miles reported.
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Resolution for 'Business Assets issue: 'why is there such a vast difference between the Business Profit amount on the Transaction page, the business profit on the Taxes page and the P+L YTD amount?' available: Yes.
The Business Assets issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the Business Assets issue yourself by looking for a resolution described in the article. If it is a complex Business Assets issue or you are unable to solve the issue, you may contact us by clicking here or by using other Business Assets support options.
For more information about resolving issues related to Business Assets in Quickbooks/QBO or to get support for the issue 'why is there such a vast difference between the Business Profit amount on the Transaction page, the business profit on the Taxes page and the P+L YTD amount?', click the link below: