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September 21, 2024
Question

Why are my deposits added to my sales in the P&L report this month?

  • September 21, 2024
  • 1 reply
  • 0 views
just started (August)

1 reply

September 21, 2024

I can answer your query regarding the deposits included in the sales section of the P&L, bedbathandbark20.

 

Deposits are added to the sales figures of the P&L report as they are considered income. It reflects where the money came from, like sales, customer payments, and refunds.

 

One additional factor to consider is the accounting method used. The treatment of items in the P&L report varies based on whether the Cash or Accrual method is utilized.

 

If you want to gain a more comprehensive view of your Profit and Loss report, you can customize it. This enables you to tailor the report to the specific data you require.

 

In addition, you can memorize your report to preserve the existing customization settings of the report.

 

I would be glad to assist you further if you have any additional questions regarding managing your deposits in the Profit and Loss report.