Profit and Loss |
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On the Profit & Loss tab run an extremely powerful P&L analysis based on the following query criteria, based on the company (or companies) selected.
Period or Date Range:
Choose either to run P&L report views by accounting periods or for a specific date range. Click the calendar icon to choose other date ranges, such as Today, This Week, This Month, Last Year, Last Quarter, etc.
The P&L can be run just for a specific branch (if branches are enabled) and sub-branch, company or database (the structure of the general ledger must be the same in all databases), or run a P&L for all or some companies by selecting the companies required in the Companies field.
In Style pick what P&L information to look at:
▪Standard – monthly views. ▪YTD Comparison – will provide a running total of how the business has been performing from the start of the financial year. ▪Previous Year Comparison – This will compare this time last year with right now. ▪Budget Comparison – This will compare how the business is performing now to a designated budget. Choose a budget from the drop down options to compare to for this to work. ▪Budget Only – Through this look at budget/contracted P&L. ▪Budget and YTD Comparison – Compares budget and year to date side by side. ▪Display – Specify what time period to sort the P&L by: Total Only, Daily, Yearly, Monthly, Quarterly, Yearly, Yearly (Financial). ▪Group By – If Branches or Sub-Branches are being used, grouping the P&L by them is possible. Options are: Branch, Sub-Branch, GL Department, Database. ▪Offset – Offset comparisons by year from 9 to -9. ▪General Ledger Levels – Set how many levels down for the P&L to look at. ▪Include 13th Period – Include 13th period in the general ledger. ▪Show Account Numbers/Show Zero Balances/Show Cents – Yes/No?
After these options have been set up, run the P&L. This is a standard P&L Report displaying monthly:
And this is a P&L using Budget Comparison showing Quarterly.
When running a budget comparison, Jim2 will display a change in $ and a change in % columns.
By right clicking on the figures, select Hide the Change Columns, do a drill down via Account inquiry or General Ledger to see what transactions make up these figures.
Right click within the grid and select Export Data to export to a spreadsheet, HTML, XML or text file.
Further information CardFiles, Jobs, Quotes, Purchase Orders |