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I am currently having problems with departmental reports in statutory reporter where the departmental summary reports are not accurately reflecting what is in the profit and loss.
1. One file has accounts that are not flowing through to a departmental summary but shows the consolidated figure matching to the profit and loss;
2. and another file is not recording the total profit and loss figure from the departmental summary to the consolidated departmental report.
If anyone could be of assistance that would be great.
Solved! Go to Solution.
April - last edited April by Suja_P
For the Gross Profit calculation in the Summary Department Report to work correctly the income folder used for the reports needs to be consistent.
Could you please go to the Reports tab and click on Account Groups and check that the income accounts are in one of:
Profit and Loss Statement > Sales and Income > Sales
Profit and Loss Statement > Sales and Income > Income
The accounts need to be in one or the other and not spread between both of the locations.
I hope this helps. Do let us know how you go.
April - last edited April
I fixed the problem with someone else from MYOB at the time and we pin pointed it down to the purchases section in cost of sales, by splitting out another purchase item to direct costs we were able to make the report work and flow through to correct the P &L figure.
The other problem we fixed by deleting a sub account group header account name (23902) as it was not being used, which then fixed the problem with the departmental summary.