Project Profit and Loss Report

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The Project Profit and Loss Report is accessed from the Reports Window, Project Management folder and is similar to the Income Statement but only shows accounting activity that is associated with the given Project.  Such a report is an extremely useful tool in determining the profitability of a particular Project over a desired period of time.

 

proj prof loss report window

 

A Project Code and Starting and Ending Fiscal Months are required for the Project Profit and Loss Report.  The report displays the current balance and percentage of total income for each Sales, Cost of Goods Sold, Operating Expenses, and Other Income and Expenses Accounts that pertain to the Project within the selected fiscal period.  The Suppress Zero Accounts option will cause the report skip any Accounts that have a zero balance over the selected fiscal period.