Managing Profit and Loss Report to include VAT in Report.
Hello We are a small Charity and Pay VAT on most of our Bills from suppliers.
I want to extract the VAT we pay monthly using the VAT Codes within Quickbooks. However when I do the Profit and Loss Report it shows the net amount paid when VAT has been charged
Is there a way I can show the Gross Amount Paid on those Tranactions that attract VAT.
My Trustess are interested in how much Gross Profit or Loss the Charity makes each month Only net figures of Transactions attracting VAT show up which to our Trustees in not a gross figure of Proft or loss We don't claim any VAT back
William G Henry