Income Stmt - this year vs. prior year

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Topic: Income Stmt - this year vs. prior year

DLE1959
Member

posted 01-18-2002 12:56 PM

Just wrapping up 2001 activity for my client. I want to generate a report (income statement) that shows 2001 actual versus 2000 actual. Can't seem to find the trick to do this. I do not recall what I did when I started the new year from 2000 to 2001.

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Pamela
Member

posted 01-18-2002 02:13 PM

To view current year and prior year Income Statement actuals:

Go into entity of most recent year for comparison.
Select Reports | Income & Cash flow
Select Income Statement
Select December
Select Options command button
Select Last Year from the Print column box and any other options you want to see.
Select OK
Select Screen command button to view your report.

You should now have a current year column and a "last year" column. Therefore, you can compare any two consecutive years as long as you selected "Actual Amounts from Last Year" in the New Year's Budget option when you began the New Year.

Just make sure you start in the most current year you are comparing and select the "last year" in the report options.

Reply to this post if you have any further questions.

[This message has been edited by Pamela (edited 07-25-2002).]

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