19 Profit and Loss
From TrueERP wiki
Profit and Loss Reports
Can you run a Profit and Loss Report from the main screen?
Select Accounts tab from the Main Menu and then the Profit and Loss Button. This will display the Profit and Loss Report.
Selecting by Department
Set the Profit and Loss Report by Department Select the Department required from the drop down menu 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. And the P & L now displays all departments from the drop down list.
NB: The Total Amount column will always display regardless of the selection of Departments.
Using the Radio Button Options
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 updated/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 Reports selector from either:
- Tab at bottom left of main screen (Choose from side radio buttons Accounts) then select P&L Report - Top Menu bar Reports tab which will open up a drop down menu for selection. Select Accounts then P&L Report - or select the Accounts Reports Button in Main Menu.
Click on P & L then select from the drop down menu Today Yesterday Last Month etc. or Select a specific date range by changing the From and To dates.
Then Click OK Select the Update Batch tab if required to ensure all transactions are update before running the Report.
