Profit & Loss Report
Goldenseal accounting software version 3.4 adds a Profit & Loss Report which shows a detailed breakdown of income, cost of goods sold and overhead expenses.
This long-awaited report is an excellent business management tool that shows you at a glance your sources of income, cost of goods sold, overhead expenses, gross profit and net profit.
You can itemize each part of the report with breakdowns by tax category, vendor accounts, job types, locations, sales branches and other options.
Many users of Goldenseal construction accounting software.
How to Use
To set up the Profit & Loss Report, follow these steps:
To view the Profit & Loss Report, follow these steps:
The Profit & Loss report uses a specialized report table to itemize your income, cost of goods and overhead expenses in the report. You can use several different methods to break down the items.
You might want to experiment with different Preferences options, so you can find the setup that best suits your business needs.