Hi Respected Members,
If any member using Busy Accounting Software, please educate me that can we see the profit after tax in busy, if yes then, please share the procedure?
Thanks in advance for your precious time and efforts to reply this query.
AA-25-Profit After Taxation in Busy Accounting Software
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Quick Summary
Kind response awaited from respected members.
Waiting for kind response from respected members on above query. Please reply urgently.
Response awaited.
To view Profit After Tax in Busy Accounting Software, navigate to Display > Final Results > Profit & Loss A/c, enter your target date range, and ensure tax provisions are correctly mapped in your ledgers to reflect the final post-tax figure.
In BUSY Accounting Software, you can check the Profit & Loss report to view the company's profit. Open Display → Final Results → Profit & Loss A/c and select the required period. The report generally shows the net profit or loss before considering income tax, depending on how expenses are recorded. To calculate Profit After Tax (PAT), ensure that the income tax expense is recorded in the P&L account. If it is not recorded, calculate it separately: PAT = Profit Before Tax − Income Tax Expense. The exact report options may vary depending on your BUSY version and configuration.
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