profit and loss budget performance by class

ZoFind

Hi

Is it possible to run a profit and loss budget performance by class?

Acctd4

Are you referring to a Profit & Loss or a Budget ?

ZoFind

A profit and loss budget performance report.

Acctd4

You've just stated exactly the same as written in your original question 😬

A "Budget" & a "P&L" report different things Please clarify if you're referring to predicted income & expenses (aka a Budget) or actual income & expenses (aka a P&L) ???

ZoFind

It's a report - under budget reports - called 'profit & loss budget performance' report - it's called exactly that

Acctd4

Ohhhhh ... My apologies - I didn't realise you were wanting to tweak a default (existing) report.

I believe you would need to select that option when you initially create it .... in this window:

& then when you go back to this section, you have this:

... which then allows you to configure the report layout by Class:

.. which displays like this:

(Note all the above screen snips are from the Sample Company File which has just 2 Classes set up - Melbourne & Sydney - & clearly no transactions in that period! 😂)

Does that help ?

ZoFind

I'm looking for some in depth understanding about how classes and this report work. E.g. if you also enter some of the P&L budget without a class I'm having difficulty filtering this report to just show the class - I was wondering if there was certain ways the budget should be entered if not everything is going to have a class.

Acctd4

There doesn't appear to be a lot of in-depth info on it, however I would assume that to report on a budget by class, every budgeted amount would need to be class-allocated (even if to a Class just set up for Unclassified transactions)

Charley

I do this all the time; you have to set up a budget for each class, even if it's BS; if you have a large amount that comes up as unclassified then call it Journal/Unclassified or whatever but make a class up. As far as I'm concerned the should be no unclassified transactions

ZoFind

Thanks Charley and Shaz