Hope there is quick glance of Profit/loss for each statement.
That depends how you design your chart of accounts.
Profit & loss report with suitable time periods can then do that.
@SaiKiranch, what exactly are you referring to as a “statement?” You do not make a profit or loss on a statement. A profit and loss statement reports the results of transactions for a defined period. A customer or supplier statement gives details of transactions with a specific entity, but does not report profit or loss. And what do you mean by a “quick glance?”
We are using Tracking codes for each project and all expenses and income tagged to the tracking codes.
So we using P&L statement to check the profit and loss of each project. But for management reporting, we are unable to show them the P&L of projects. if there is a column showing the below directly on the
Thanks, that great news.