My I ask why total is not shown under group (Cost of goods sold). Isn’t total is automatically shown under each group? Have I miss something. Thank You for helping me out.
Regards
Calvin
My I ask why total is not shown under group (Cost of goods sold). Isn’t total is automatically shown under each group? Have I miss something. Thank You for helping me out.
Regards
Calvin
Post a screen image of your Chart of Accounts so that we can see how you have structured it, please
@emonchan5, a subtotal for a group is shown only when more than one account is assigned to the group. Your Cost of Goods Sold group has only one account, 200510.
If you want totals, you have to enter them in the Chart of Accounts
The Cost of Goods total will appear in the Summary page on the line “Less …” with the total of accounts in the group and the accounts listed below it and a total will appear on the Report Profit & Loss
If you enter some data it will become clearer
The part of your statement about the Summary page is correct. But the Profit and Loss Statement is different, and that is what @emonchan5’s screen shot showed. Subtotals for groups appear on the P&L only when more than one account is included in the group. And unlike the Summary, the subtotals on the P&L appear below the account listing, not on the line with the group title. See the example below:
Dear Joe91,
Dear Tut,
I will try it out. Thank you for your help.
Regards
Calvin