Xero journals not updating P&L

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I am hoping someone with more knowledge of Xero than I have can help with this.
A new client uses Xero which I can do basics on but am no expert - I have posted some journals and they have updated the trial balance for the year, but if I display the Profit and loss account the adjustments are not reflected in those figures. (ie P&L doesn't agree to updated TB)
I've had a "google" and can see the question being asked but no relevant answer. (I've checked the dates are correct and the journals are posted.)

Can anyone explain why and more importantly how to get the correct P&L please?

Replies (7)

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By williams lester accountants
16th Feb 2023 17:26

Have you referred it to Xero support?

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By Matrix
16th Feb 2023 17:51

Is it the corporation tax? This appears as an expense in Xero unless you design your own report.

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By ireallyshouldknowthisbut
16th Feb 2023 17:54

is this a "cash based" vs "accruals based" reporting issue?

There is a radio button to show up journals on a cash basis report.

Thanks (3)
Replying to ireallyshouldknowthisbut:
Kitten
By Hazel Accounts
16th Feb 2023 23:32

Yes, thank-you!

So hidden away in the "More" box switching from cash to accruals basis fixed it!

Don't really understand the logic as my journals were not "accruals" in the accounting sense I understand

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Replying to Hazel Accounts:
boxfile
By spilly
17th Feb 2023 18:43

Don’t worry about it too much - Xero logic is definitely not the same as normal accounting logic for quite a few things.

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By Calculatorboy
16th Feb 2023 19:38

I dont think anyone needs to be an expert to use Xero Noddy accounting ..

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Locutus of Borg
By Locutus
17th Feb 2023 16:31

Deleted, as I now see that the problem was resolved.

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