Fields in the Analysis Selection window (Analyze Profit & Loss)

Fields
Analysis Selection window (Analyze Profit & Loss)

This Year's Actuals Only
Choose this selection if you want to view each account's balance and percentage of its account classification in the Analyze Profit & Loss window. The balance and percentage will be for the month you select at the bottom of this window for the current fiscal year.

Last Year's Actuals Only
Choose this selection if you want to view each account's balance and percentage of its account classification in the Analyze Profit & Loss window. The balance and percentage will be for the month you select at the bottom of this window for the previous fiscal year.

Budgets Only
Choose this selection if you want to view the budgeted amounts for each of your income, cost of sales, expense, other income and other expense accounts in the Analyze Profit & Loss window. The budgeted amounts will include the balance of each account at the start of the fiscal year and budget amounts through the month you select at the bottom of the window.

Actuals vs. Budgets
Choose this selection if you want to view a comparison of actual and budgeted amounts for each of your income, cost of sales, expense, other income and other expense accounts in the Analyze Profit & Loss window.

The difference between actual amounts and budgeted amounts is the actual amount minus the budgeted amount. A positive difference for an income or other income account is usually good news. A positive difference for an cost of sales, expense or other expense account is probably bad news.

This Year vs. Last Year
Choose this selection if you want to view a comparison of your current fiscal year's profit and loss accounts with the previous fiscal year's profit and loss accounts in the Analyze Profit & Loss window.

Selected Period
Choose a month by clicking its abbreviation in the panel. You can choose several months by clicking one month and then holding the mouse button down and dragging the mouse over the months you wish. When you click the OK button to display the Analyze Profit & Loss window, the amounts displayed will reflect activity through the end of the month you select here.

Remember, if you chose the Last Year's Actuals Only selection, the month you select here will be from the previous fiscal year. All other selections at the top of this window are for the current fiscal year.

Cancel button
Click this button to clear the entries you made in this window and close the window.

OK button
Click this button to accept the entries you've made in this window. The information in the Analyze Profit & Loss window will reflect the entries you've made.