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PROFIT AND LOSS REPORT

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JANELLE
Experienced Cover User
134 Posts
Experienced Cover User
Australia
Experienced Cover User

134Posts

7Kudos

0Solutions

PROFIT AND LOSS REPORT

I have just run this report and the % are showing exaggerated figures. A real head scratcher.  It is the local version company ID 1  NOT the Cloud version.  I ran the same report in other company files and the % appears to be showing correctly and not with the way out % figures like the attachment.

Your assistance with this would be aprpeciated.

 

Regards

Janelle

 

Attachment has been removed due to sensitive information^MD

1 REPLY 1
Tracey_H
MYOB Moderator
10,408 Posts
MYOB Moderator
MYOB Moderator

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Re: PROFIT AND LOSS REPORT

Hi @JANELLE 

 

Thanks for your post. The attached report has been removed as it contained financial information and the business details. If posting reports please make sure you remove identifying information to protect the privacy of the business.

 

The formula % of Sales for those COS and expense accounts is account total divided by the total income amount %. So using your report


jan.PNG

 

 

63010 $44490 divided by 0.01% = 444,900,000%

63030 $32702.50 divided by 0.01% = 327,025,000%

 

I hope that clarifies it for you. Please let me know if you need further help.

 

If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

Cheers,
Tracey
Previously @bungy15

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