HiFinance
4
SECTION
6.4.5 - FINANCIAL COPARATIVES REPORT
USAGE: To print all the Income and Expense accounts with
their balances and present comparison to last year’s results. This report does
not take into account assets or depreciation, etc. The report follows a similar
format to the PROFIT & LOSS REPORT (see
SECTION 6.4.3) but it is more skewed to budgeting and
comparisons.
DISCUSSION: HiFinance keeps data for two years. This is for
comparison purposes and in this way this report can be used for budget
analysis.
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 PERIOD You can only choose a period in the current year
(periods 1 - 12). HiFinance will then compare the chosen period with the same period
last-year. The default answer will be the current period
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) the balance for the same period last
year, the total YTD up to and including the current period, the same for last
year and finally, the total balance for last year. At the end of the report,
the net profit or loss is printed for each column.
