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Quickbooks File Repair -- Balance sheet net income not equal to Profit & Loss net
[Quickbooks File Repair Balance sheet net income not equal to Profit & Loss net]

 
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Quickbooks Errors and Issues: Balance sheet net income not equal to Profit & Loss net

Error: If the balance sheet is in balance, but the income on it does not match the income of the P&L, then one statement is on the Cash Basis and the other is on the Accrual Basis.
If the balance sheet is in balance, but the income on it does not matching with the income of the P&L, then one statement is on the Cash Basis and the other is on the Accrual Basis.

Description: Customize or Modify memorized reports, depending on the version of QB. Also Edit (File) | Preferences | Reports | Cash (or Accrual) to set the default Preference for future reports.

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