Hello, the P&L report in GNU Cash looks into all transactions from the income
accountbut the income account does not show what is collected, only what is
charged out.
Isn't a P&L report based on the actual business income (not what is charged
out), less expenses, which would equal net profit?
I ask because the P&L is not what I collected, I have clients who only paid 50%
deposit and/or waiting on insurance money to come in, yet the P&Lcalculates the
total charge out as income.
My cash flow report shows me the actual income from accounts receivablethen my
P&L report shows me the actual charges and expenses.
The 'Cash Flow' report 'income' section less the 'P&L report' expenses would be
my net profit, correct?
Thanks for your help! Have a great weekend!
Martijn
_______________________________________________
gnucash-user mailing list
gnucash-user@gnucash.org
https://lists.gnucash.org/mailman/listinfo/gnucash-user
-----
Please remember to CC this list on all your replies.
You can do this by using Reply-To-List or Reply-All.
