If you go to All Accounts, it shows Profit & Loss account but values in this account will be reflected only if you have transferred some profit to capital or withdrawn some profit etc.
It doesn't show the actual/current profit of the company.
If you wish to see the actual profit of the company, go to Reports > Profit & Loss report.
Kindly note, Profit in Profit & Loss report, Sales Register report and Inventory Item Details report can be different. Check out this link for details: https://bookkeeperapp.zendesk.com/hc/en-us/articles/360027238213
How to withdraw/transfer profit: https://bookkeeperapp.zendesk.com/hc/en-us/articles/360003903593-How-to-transfer-profit-to-capital-account-How-to-withdraw-Profit-from-business-
Comments
0 comments
Article is closed for comments.