Link deleted as security risk.
You have probably setup your Chart of Accounts incorrectly
Post screen images, not pdfs, of your Chart of Accounts
Your link was deleted. PDFs are security risks for other forum members.
Your subject also does not, by itself, indicate a problem. You need to explain (and show screen shots) what it is, why you think it is wrong, and what you think it should be.
Hi,
This is a screen shot of my Profit & Loss Statement.
The only problem is the Total Expenses figure mirrors the Net Income figure. To add the Total Expenses heading, I went to Chart of Accounts and on the Profit & Loss side I clicked, New Total and added Total Expenses. That all worked fine except when I create a Profit & Loss Statement, the Total Expenses is $434.75. When the actual Total Expenses is $148.50.
Kind regards,
John
You need to show the screen images of Settings/Chart of Accounts and in particular, the P &L part
Could you show the edit screens of one the custom income groups? (i.e A offerings, Appeals, etc)
You should not have added a total for Total Expenses. You should just assign subsidiary groups to the Expenses group.
Hi,
I started a new Account and did not add Total Expenses. However the Expenses are not Totaled. I am not sure what I am doing wrong.
Regards,
John
Did you read the Guide about how to build a chart of accounts? It has a very thorough example.
