correct income: Struggling to get correct income statement reporting (accrual basis / US GAAP) for my e-commerce business
I think that it should be $100 in revenue and $3 in OpEx (for the Stripe fee) and the $97 should be on the balance sheet…all of the above for the period in question.
You are correct, and the 97 will also show on the P&L as net profit
QB does what […]
Resolution for 'correct income issue: 'Struggling to get correct income statement reporting (accrual basis / US GAAP) for my e-commerce business' available: Yes.
The correct income 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 correct income issue yourself by looking for a resolution described in the article. If it is a complex correct income issue or you are unable to solve the issue, you may contact us by clicking here or by using other correct income support options.
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