Overview

Profit and Loss

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

Select the Accounts module from the Main Menu
Select 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 the department from the list.
Select All Departments by ticking the All box. You will notice that each department has been added as a separate column in the P&L Report.
The Total Amount column will always display Total 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.
Clicking on By Period will allow you to see P&L Periodically, you have options from Month, Quarter and Year'. Based on the ratio selection out of these three you can view periodical P&L Report.

19. Profit and Loss