HOW TO GENERATE CONSOLIDATED INCOME STATEMENT PER PROJECT OR BRANCH
Overview:
Statement of Comprehensive Income, also known as Income Statement or Profit and Loss (P&L) Statement, is one of the financial statements that can be generated in the system. QNE can also provide a more detailed report which has a comparative view of your profitability either per Project, Branch, or Location. Incorporating the Project Module, you can easily tag the Project/Branch/Location to each of your transactions, may it be for recording of your revenues, costs, and expenses.
Procedure:
Go to Reports > Project Reports and choose Consolidated Project Statement of Comprehensive Income. This will show the per project values and the consolidated total of all the projects.
Application:
1. Record an expense transaction under Bills, then tag a Project.
2. Proceed to Project Reports > Consolidated Project Statement of Comprehensive Income and specify report filters (e.g. Date Coverage, Project, Account Level, etc.) then click Preview.
Note: Make sure to choose All Projects if the user wants to show all projects in the system regardless of Zero value.
Sample Preview:
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