Hi
Is it possible to produce a profit and loss report for a specific bank account rather than the automated combined P&L that is produced for all the bank accounts that sit under my profile?
Hi
Is it possible to produce a profit and loss report for a specific bank account rather than the automated combined P&L that is produced for all the bank accounts that sit under my profile?
Profit and loss items don’t deal with payments from the bank only invoices received and issued, it’s a type of accrual report. Bank entries are balance sheet items and many of which may not even relate to profit and loss but, bank transfers, capital expenditure, tax payments etc.
If you wanted something similar to the profit and loss report but to reflect the cash position you could instead compare the total value of all sales receipts (Sales >> View Payments) against the total value of all purchase payments (Purchase >> View Payments) over the same reporting period.
OK thank you very much.