How to Review the Complete Profit and Loss Report for Multi-Year Projects Using the Income Statement

Instructions on how to review complete profit and loss financial data for projects.

Answer:

• The profit and loss report when reviewing the project displays data for the current year only.
• To obtain complete financial data:
  1. Go to the “Reports” menu.
  2. Select “Income Statement”.
  3. Select the time period required.
  4. Filter the data by the project required.

Additional Notes:

• Make sure to select the appropriate date range to ensure all data related to the project is displayed.