QBO: Report total revenue before expenses over the last four consecutive quarters
At BigFont, we need to determine whether to register for a GST/HST account. That involves calculating total revenue before expenses over the last four consecutive quarters.
(1) Open Quickbooks Online.
(2) Choose Reports > Profit and Loss
(3) Set the Report period to Custom.
(4) Set one of the four following From and To date ranges.
From | 01 Jan | 01 Apr | 01 Jul | 01 Oct | last year. |
To | 31 Dec | 31 Mar | 30 Jun | 31 Sep | this year. |
(5) Set Display columns by to Quarters. E.g.
(6) Run the report.
INCOME Total is the total revenue before expenses for the last four quarters.
References
http://www.cra-arc.gc.ca/tx/bsnss/tpcs/gst-tps/rgstrng/menu-eng.html