Generating Profit and Loss Statement

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 accounting.

• 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.