What is Profit and Loss report?
A profit and loss (P&L) report is a financial report that provides a summary of a company’s revenue, expenses and profit. It gives investors and other interested parties an insight into how a company is operating and whether it has the ability to generate a profit.
A profit and loss report is calculated by taking a company’s total revenue and subtracting the total expenses, including tax. If the resulting figure known as net income is negative, the company has made a loss, and if it is positive, the company has made a profit.
Here you are going to learn about the steps to match job profitability report based on GL date and Profit & Loss summary.
Step 1: Login with fresa gold and select Accounts module. (Fig-1)
Step 2: Select Job-Reports – Accounts in Accounts module. (Fig-2)
Step 3: Select Job Profitability Based on GL Date option. (Fig-3)
Step 4: Select the required date range and branch option then click submit. (Fig-4)
Step 5: Job Profitability based on GL date will be displayed on the screen. (Fig-5)
Step 6: Navigate to Accounts module then select Profit and Loss Reports and Click Profit & Loss Summary. Select the required date range, Branch and click submit button. (Fig-5)
Step 7: Profit and loss summary will be displayed on the screen.
You can match the entries of Job profitability report based on GL date with Profit and Loss Summary. Both the entries will get tally.
I hope you got an idea about the steps to match job profitability report based on GL date and Profit & Loss summary.
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