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What additional Profit and Loss Reports are available?

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Summary

This article details additional profit and loss reports available

Description

Using Sage 50 Accounts, you can run the period Profit and Loss report to show the performance of your business at a point in time.

On all builds except Sage 50 Accounts Essentials, you also have access to the additional profit and loss reports in the table below.

TIP: Remember, to customise how nominal codes are grouped on your Profit and Loss report, you'll need to edit your Chart of Accounts.  Find out how >

Resolution

Report NameDescriptionLocation
Transactional Profit & LossThis version of the report enables you to specify a specific date range, department or transaction number.

TIP: You can use this report to run a Profit and Loss for a previous financial year.  Read more >		Click Nominal codes, click Reports, then click Profit & loss.
Comparative Profit & LossThe standard period profit & loss report, with the option to include budget and prior year figures.Click Nominal codes, then click Comparative profit & loss.
Departmental Profit & Loss reportsA transactional report with the option to specify a department range.Click Departments, then click Departmental profit & loss.
Advanced Budget Profit & Loss reportsA selection of reports with the option to include prior year, advanced budgeting and variance figures.Click Departments, click Reports, then click Profit & loss.
Profit & Loss (Monthly Breakdown)Shows the profit and loss values for each month in your financial year side by side.Click Nominal Codes, click Reports, then click Profit & loss.
Profit & Loss Quarterly reportsThe actual, prior year and budget values for quarter 1 of the financial year. It also displays the budget variance.Click Nominal Codes, click Reports, then click Nominal budgets.
Income and Expenditures (Charities)With the charities option enabled, you can run this report for a specific range of funds.Click Charitable funds, then click Profit & loss.
Profit & Loss (with Prior Year Values)In addition to the period and year to date values for the current year, the report also displays the equivalent values for the prior year.Click Nominal Codes, click Reports, then click Profit & loss.