Profit and Loss Statement[MIGRATED]


To produce a Profit and Loss Statement ('P&L"), click on the Accouting Module tab and select the Profit and Loss Statement under the Financial Statements heading. The P&L in the EMP can be created according to the users' preference or requirements and it runs on perpetual accouting.

1.1: Profit and Loss Statement
  • First select the PC Center from the list.
  • Then enter the 'From' and 'To' date. Note that the date format is YEAR-MONTH-DAY and the period entered can be one (1) month or three (3) months or even two (2) years. It is up to the users' required information on the business.
  • Example:    
    • From: 2009-01-01 > the beginning date must be the first day of the month
    • To: 2009-06-30 > the ending date must be the last day of the month
  • Click on 'View' to generate the Profit and Loss Statement for the selected period.
  • The Profit and Loss Statement will appear below and if needed, users may click on the 'Printable Page' option to view or to print the statement.
  • Note that by clicking on the GL name or PKID, it will bring up the detailed GL for the selected period.

1.2: Profit & Loss Statement (Printable Page)

  • For users with no Accounting background, please refer here for the terms.