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When using and Analysing the Balance Sheet and Profit and Loss
See also Managing the Chart of Accounts
See also GST Explorer for BAS
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The profit and loss is a period based report. From date and to date. The profit and loss cannot cross financial years.
See also - Customers and the Debtor Card#Debtorprofitandlosscanincludethechildrentransactions
Profit and Loss showing Sales Channels
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