HiFinance
4
SECTION
6.4.3 - PROFIT/LOSS REPORT
USAGE: To print all the Income and Expense accounts with their
balances and present a gross profit statement. This report does not take into
account assets or depreciation, etc.
DISCUSSION: When you enter this program, the following
questions will appear:
USE LONG FORMAT REPORT If you are using wide stationery, reply Y, otherwise reply N. This question will only be
displayed if the relevant option is set to A, see SECTION 6.1.2.
FOR YEAR You must choose which year you wish to report on.
Enter L for last-year, T for this year or N for next-year.
FOR PERIOD Having chosen a year (above) you may now chose the
accounting period. If you have chosen the YTD option, this period will
represent the high limit of report. If you are printing the single period
option, this field will define the actual period reported on.
To start the report, press <Enter> through each field or simply press <F10>.
The report will include all non-zero profit/loss
accounts. The report itself will detail the account description, balance for
the current period (as defined above) and the YTD balance. At the end of the
report, the net profit or loss is printed.