Profit & Loss Report from the View Outputs group shows more detailed breakdown of account groups compared to the P&L in Section 7.1.1: Profit & Loss Statement. However, the overall structure and content are the same in both reports.
Any declared dividends are deducted from Profit After Tax to arrive at Retained Profit for the Year. Retained Earnings Carried Forward is calculated in this section and imported into the Balance Sheet under Capital & Reserves account group.
Profit & Loss Statement in this section is reported on a monthly basis. For Quarterly financial results, please, review P&L Sum worksheet.
