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Hello All,
I'm a bit confused why profit is shown in negative in Balance Sheet report.
When I check P&L report I see Income higher than expense. But when I checked Balance Sheet report, I see the same exact amount in negative against 'Profit (Loss) to report' line.
Can someone help please. Thanks
Hi Abdul Gafoor GK,
Check your financial report configuration there is option to show your profit & Loss in negative or positive.
It is configurable.
Accounting>>Configuration>>Financial Report>>Account Report.
Find profit Loss one inside and change the value of sign on report.
Hope this might help.
Rgds,
Anil.
Thanks Anil, but I'm still confused. 2 questions; 1. There must be a reason why default behaviour in this way. What's that and why? 2. Even after doing as you suggested, total liability remains same. That is, I can see the 'Profit (Loss) to report' as positive by following your method. But total Liability value is not changing. Regards, GK
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