How to print Profit and Loss/Income Statement – Prior year comparison

The Profit & Loss/Income Statement – Prior Year Comparison report is similar to the regular Profit & Loss/Income Statement, but instead of comparing monthly and yearly expense and revenue figures to budget amounts, it compares them to prior year amounts.

Steps:

  • Click on Firm and Financial > Profit and Loss/Income Statement.
  • Enter or select the Report Year.
  • Enter or select the Report Period.
  • This report can be extracted in two ways- Actual Vs Last year difference or budgets.
  • Click on View to view the report on the screen or you can directly print the report by clicking on print button.

Tips:

  • Select Memorize to add the report with the current options to the Memorized Reports. ¬†Report can only be added once to a Memorized report group.
  • To include inactive accounts, select include inactive.