Here are some of the commonly asked questions about the Profit and loss reports.

Are there other Profit and Loss reports available?

There are additional Profit and Loss reports in the software that include further information, such as budgets and departments.  

Can I run a Profit and Loss report for a date range?

Yes, you can use the Transactional Profit & Loss report to do this. 

Can I change the nominal codes included in the report?

The nominal codes, ranges, and names are from the Chart of Accounts.  You can modify this and your changes will appear on the report.

Can I run the Profit and Loss report for a new financial year? 

You can continue processing into the new year before closing your year-end. Run the transactional Profit and Loss report to see your current year figures.

What are the figures in brackets on my report?

Figures in brackets represent a negative value.

I have a problem with my Profit and Loss report.

If you think the figures on your report are incorrect, click the underlined values on the report, to show the breakdown.