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Profit and Loss Reports

Can you run a Profit and Loss Report from the main screen?

• Select the Accounts module from the Main Menu and then the Profit and Loss Button which will display the Profit and Loss Report.
• To view the Profit and Loss by Department select the Department button and select from the list that will open.
• Select All Departments by ticking the All box. You will notice that each department has been added as a separate column to the P & L Report.
  
• The Total Amount column will always display regardless of the selection of Departments.
• Three options can be selected using the Radio Buttons to Exclude Tax, Include Tax or Both
• The Default setting in ERP is to Exclude Tax in the headings. Therefore each column displays the suffix EX displayed.
• Selecting the radio button Includes Tax each column will then display in the headings the suffix INC.
• Selecting the radio button for Both the departments will be displayed with both EX and INC totals.
• If other Users are creating transactions within ERP you can use the Refresh button to update the P & L Report to display Current Data.
• You also have the option at the bottom of the screen to select Show Preview and Choose Template tick these if you wish to see a preview or to select a template before printing.

Running a Profit and Loss Report from the Report Selector changing the dates on the report selector.

• Open up the Reports Selector from either the Reports Button at the Bottom left of main screen and select the Accounts radio button then select P&L Report 
• From the Top Menu bar the Reports tab will open a drop down menu for selection select Accounts thenP&L Report  
• Select Accounts in the Main Menu then the Accounts Reports button.
• Click on Profit and Loss and select a Date Range from the drop down menu Today Yesterday Last Month etc. or Select a specific date range by changing the From and To dates.
• Then select OK
• Select the Update Batch button if required to ensure all transactions are updated before running the Report.