General Ledger - Profit and Loss Statement
FunctionThis task provides a simple profit and loss statement. Accounts may be grouped, and subtotals generated, depending on any chart of accounts breaks defined in the Parameter Maintenance task. Period to Date and Year to Date totals are listed for each income and expense account.
=> To access this task... Select Profit and Loss Statement from the Reports menu.
Profit and Loss Statement
In the Period field... The beginning and ending dates of the period will be displayed. The period-to-date and year-to-date columns on the Profit and Loss Statement will include all postings through the end of the selected period.
In the Year field...
Include Account Numbers checkbox...
Include Zero Balance Accts checkbox... Only accounts with a zero balance for the entire selected year are considered zero balance accounts for this report. Note this is different from the General Ledger Trial Balance where accounts only needs to have a zero balance through the selected period to be considered zero balance accounts.
Align Fiscal Periods checkbox... The checkbox is disabled if the fiscal calendars are the same, i.e. the periods are already aligned.
Creating the statement
Sample Profit and Loss Statement with Account Numbers
See Output Options. ______________________________________________________________________________________ Copyright BASIS International Ltd. AddonSoftware® and Barista® Application Framework are registered trademarks. |