[GNC] Income Statement for specific Asset Account ?

[Peter West]

Cash Flow is one of the Income & Expense reports in the Reports menu (on my Mac, anyway.)

Peter

--
Peter West
pbw at pbw.id.au
“Judge not, and you will not be judged; condemn not, and you will not be condemned; forgive, and you will be forgiven; give, and it will be given to you.”

> On 11 Mar 2020, at 9:22 am, Michael or Penny Novack <stepbystepfarm at comcast.net> wrote:
> 
> On 3/10/2020 12:59 PM, Long wrote:
>> Hello Adrien Monteleone-2,
>> 
>> I think P&L doesn't have ability to report for only my asset account. For
>> example, i have Asset named "ME" and Assets named "You". each accounts have
>> their own expenses - income. i want to have MONTHLY REPORT (Expense vs
>> Income) for each Asset Accounts.
>> 
>> Now, the only ways are use the Cash Flow report, And it doesn't have Monthly
>> Report (P&L doesn't have monthly report too, i saw no option to do that).
>> 
>> Regards.
>> 
> Let's break this apart ......
> 
> a) P&L doesn't connect to asset accounts OR liability accounts because whether something is income has nothing to do with whether it increased an asset (it COULD have reduced a liability) and whether something is expense has nothing to do with how that paid for (it COULD be a decease in an asset like cash OR an increase of a liability)
> 
> b) You CAN select what accounts (which income or expense accounts are included in the P&L)
> 
> c) As I said, you PROBABLY mean cash flow, not P&L. But in any case both these reports ALWAYS have a from date and a to date (are for some interval) and you can most certainly specify those to span a month.
> 
> d) Take a look at the cash flow report. See what you can or cannot specify in the report options before saying what it can or can;t do. Same with P&L (the Income Statement report)
> 
> 
> Michael D Novack
> 
> 
> 
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