How to include bank transfer funds in profit & Loss reports

Graham Spiers
Graham Spiers Member Posts: 7
edited September 2019 in Personal Plus and Home & Business
I am using Reckon Accounts Accounting: Small Business Edition 2017, when you do a standard Profit&Loss report is there a way to also include bank transfers.

Comments

  • Graham Spiers
    Graham Spiers Member Posts: 7
    edited August 2019
    Thank you Kevin
  • Acctd4
    Acctd4 Accredited Partner Posts: 3,366 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited September 2019

    Hi Graham

    The reason for this is a Profit & Loss shows income & expenses.  A transfer between your accounts is simply that, just a movement of funds between accounts.

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    shaz@accounted4.com.au

    https://accounted4.com.au

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
  • Graham Spiers
    Graham Spiers Member Posts: 7
    edited August 2019
    Thank you Shaz
    The reason of asking, I do a simple financial report for our local swimming pool club and I wanted a report that includes the profit & Loss and also shows what funds I have transferred between accounts.
  • Graham Spiers
    Graham Spiers Member Posts: 7
    edited June 2018
    ok