P&L and expenses / creditors

[eventure2]

The Core of the problem resides in the fact that expenses are attached to the
creditors which correct but same are not reflected at Profit & Loss Level.

Furthermore is there a module for report writing so that individual ledger
accounts can be utilised to obtain Balance Sheet and a correct Profit &
Loss.

The next point is how to close a financial year and then reopen a new
financial period.

Thanking you for your Kind assistance.

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