Profit & Loss Report
As relayed in the release notes for Version 2.12 the Profit & Loss report has now been reconfigured to display additional information.
This information includes, Gross Profit, a gross profit percentage figure and Net Profit.
One major change as part of this enhancement is your Income and Expense accounts in your Chart of Accounts have been split up into two separate classifications;
Income is now separated into
Expenses are now split into
• Cost of Sales
• General Expenses