[GNC] Why duplicate reports in 3.2?

Maf. King maf at chilwell.net
Wed Jul 11 20:02:08 EDT 2018


On Wednesday, 11 July 2018 23:04:47 BST Rich Shepard wrote:
>    I'm not an accountant so when I saw that a report menu has both Income
> Statement and Profit & Loss as reports I looked up the difference in
> wikipedia. While there are apparently subtle differences meaningful to those
> wearing green eye shades, the reports for both are identical.
> 
>    Sure enough, when I prepared financial reports for June to send to my
> accountant I saw that these two were the same, line-by-line. What is the
> reason for having both available?
> 
> A curious mind wants to know,
> 
> Rich

Hi Rich,

AFAIK, it is just historical.  GC shipped with a report called "P&L" but some 
people said "That's an income Statement", so it was renamed.  Then there were 
howls of "Where's the P&L report gone" so the same report was put back in but 
with 2 names..... yes, they should be identical output.

(Of course, it may be that the Income Statement was the original name, and P&L 
was the rename. Truly can't remember, it was years ago)

HTH,
Maf.






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