Can you please advise the best report to show net income for the year or turnover please ? Would that be P & L report?

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  • Updated 2 months ago
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LAC

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Posted 2 months ago

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Kris Williams

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Yes but make sure the reporting preferences are set to Net. What version of Reckon are you using?
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LAC

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How do I select Net in this report please ?
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Kris Williams

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You have to go to edit - preferences, select Reporting, then tick Accrual and Net. Then go to reports financial, Profit & loss
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LAC

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hosted, thank you

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Kris Williams

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Also it should be Accrual basis, even if your BAS is cash basis
(Edited)