Need a Snapshot Report

cmabc123 cmabc123 at gmail.com
Tue Aug 21 14:12:44 EDT 2012


Hi Michael, 

Thanks for the response. I've tried Transaction Report and, unfortunately,
it just adds up the entire totals together producing an incorrect final
total.  

Here's what I have finally done, though I think there will be potential
problems in the future in how I retain money from previous months for
purchases in future months. 

I created a new account under Income for Previous Balances. Then I created a
P & L Report which provides Revenues on top, including various accounts of
Income (cash, checks, etc) + Previous Balance, totaling it all as Revenues.
Then it lists all Expenses, subtotaling major categories (which is handy),
then totals these as Expenses. Finally it takes the difference between the
two providing our net profit for the given period.  

Basically this report provides all Revenues, all Expenses, and the
Difference which is our profit. 

cm



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