How to create a P&L Account

[hema]

Hi Red1,

could you please help me by explaining to me how create a P&L account in Compiere?


Thank you very much,
Hema

[red1]

U mean a financial report for Profit & Loss? What do u understand so far bout P&L?

[hema]

Hi Red1,

Thank very much you for your reply.
Yes a financial report on the Profit and Loss that provides information about the company's sale of goods or service over a trading period.


Hema

[red1]

Hi Hema,
There is already a basic P&L Financial Report in Compiere that works the same way as the Balance Sheet.

These reports are generated when u want them. First they are based on settings and definitions in the Report Row and ColumnSet (find all of them in the same place under Financial* in the main menu tree).

The generation will produce a table called T_Report, which stores the accounting data and then that is printed under the PrintFormat module.

During generation u can specify Period and offsets. U have to go thru one in GardenWorld to grasp it

regards
red1