How to Print Profit and Loss/Income Statement – Prior Year Comparison

The Profit & Loss/Income Statement – Prior Year Comparison report is similar to the regular Profit & Loss/Income Statement, but instead of comparing monthly and yearly expense and revenue figures to budget amounts, it compares them to prior year amounts.

Steps:

  1. Click on Firm & Financial > Profit and Loss/Income Statement.
  2. Enter or select the report year.
  3. Enter or select the report period.
  4. This report can be extracted in two ways- Actual Vs Last year difference or budgets.
  5. Click on View to view the report on the screen or you can directly print the report by clicking on Print button.

Tips:

  • Select Memorize to add the report with the current options to the Memorized Reports.  Report can only be added once to a Memorized report group.
  • To include inactive accounts, select Include Inactive.