Homepage dashboard profit and loss figures

Question asked by Colin Hardie 8 years ago

On the page I see when I login to Clearbooks, one of the most useful widgets I can look at is the Profit and Loss.

Can you confirm how these figures are derived? Are they taken from transactions that have been allocated to the bank account or is it solely on the date on the invoice?

If it is the date on the invoice, is it the due date or the date the invoice is corrected?

If you can provide me with some insight into this it'll make it clearer about how to read these figures.

Thanks

Colin ] file

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2 Replies

Hi Colin

As Kevin says, other than in very small unincorporated businesses, Profit & Loss is based on the date of Invoices raised and bills.

If you want to get more detail of the individual figures then run the P&L on the Reports menu.

Best answer
8 years ago

Invoice/bill date.

8 years ago

Hi Colin

As Kevin says, other than in very small unincorporated businesses, Profit & Loss is based on the date of Invoices raised and bills.

If you want to get more detail of the individual figures then run the P&L on the Reports menu.

Best answer
8 years ago

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