Profit & Loss Reports, I am unable to access for New Financial Year 2020/2021

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bamma
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Profit & Loss Reports, I am unable to access for New Financial Year 2020/2021

Keeps asking me to enter a valid date range for July 2020!     

P&L reports for up to 30th June 2020 all OK, we just can't access July 2020 reports to date.

 

 

 

 

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Neil_M
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Re: Profit & Loss Reports, I am unable to access for New Financial Year 2020/2021

Hi @bamma 

 

Certain reports in AccountRight, like the Profit & Loss reports, can only be run for one year either side of the current financial year within your file. These reports can be identified as you have to select which financial year you want to run the report for, being last year, current year and next year.

 

You can influence which year is the current year, and such which years are deemed the last and next years by rolling over the financial year in the file. Do note that you should only roll the financial year on the advice of your accountant

Regards,
Neil

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bamma
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Australia
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Re: Profit & Loss Reports, I am unable to access for New Financial Year 2020/2021

Profit & Loss Statement - Filter Reports has a drop down box showing previous, current & next year

Last Year  (FY2018)

This Year  (FY2019)

Next Year  (FY2020)

When I selected Nexy Year (FY2020)  it says please Enter Valid Date, so even with the drop down box asking which year I'm after, you are saying I have to physically roll over before I can run July Reports.

Neil_M
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Re: Profit & Loss Reports, I am unable to access for New Financial Year 2020/2021

Hi @bamma 

 

As the next year is FY2020 in your reports, this means you can run the report for dates up to and including the end of the 2020 financial year, being 30 June 2020 assuming your running on a standard Australian financial year.

 

To report on dates beyond this, you would need to roll the financial year in the file so the current financial year is at least 2020. This will make the next year update to 2021, so you can report to the end of the 2021 financial year

Regards,
Neil

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