User can use Account Schedule Financial Reports to create Balance Sheet and Profit & Loss Statement that fit their use.
| To create new |
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| Financial Report | ||
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| 1 | ||
Search "Financial Report", then click "New" to create a new |
one. |
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| 2 |
Enter the report name, description, row definition & column definiation. User can edit the row definition and column definition for each report name. For default Column Layout, user can use system's sample layout. Choose M-BALANCE for Balance Sheet and choose M-NETCHANGE for Profit & Loss Statement. |
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| 3 | Choose Edit |
| the financial report. |
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| 4 | To edit the row definition, chick |
| Insert > Insert G/L Accounts |
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| 5 | Select the G/L Accounts to be inserted, then click OK. For example, Balance Sheet only includes Balance Sheet G/L Accounts. |
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| 6 | For Balance Sheet, user will need to add a row to include current year's Profit & Loss figures. For Totaling Type column, choose Posting Accounts. Under Totaling column, input Profit & Loss G/L Accounts. |
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| 7 | For Totaling Type most commonly use are:
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To run Account Schedule, highlight the report user want to run, then click "View Financial Report"
Input related Date Filter and the results will show at the bottom. E.g. Income Statement
