Sales Tax Liability reports in QuickBooks give an insight into the sales tax balance that a company owes to the government. On the other side, the Profit & Loss report provides information regarding revenues, expenses, and profits. In QuickBooks, there are times when the Sales Tax Liability report won’t match total income. This generally happens when there are transactions in the data file, and hence users come up saying, “Sales Tax Liability report didn’t match my total income value.” In this article, we can help you match total sales with total income in QuickBooks to wipe out the discrepancies.
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Edward Martin is a Technical Content Writer for our leading Accounting firm. He has over 10 years of experience in QuickBooks and Xero. He has also worked with Sage, FreshBooks, and many other software platforms. Edward’s passion for clarity, accuracy, and innovation is evident in his writing. He is well versed in how to simplify complex technical concepts and turn them into easy-to-understand content for our readers.