This is a report of your income, cost of sales, expenses, other income, other expenses for the selected month(s)
This report can be displayed using the cash basis and accrual basis accounting methods. Click the Customize button in the Index to Reports window to display the Report Customization window. In the Report Basis field, select Accrual or Cash, then click Display to display your report. Cash basis reports are differentiated from accrual basis reports by the word [Cash] listed after the report name.
Report Tip: If you are using a 13th accounting period, run the report twice, once for 12 periods and again with the 13th period. Since many 13th period entries are non-operational, you may get a clearer picture of your business operations with a 12-month P&L.
To select multiple months, click and drag the month selector in the Report Customization window.