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Status Acknowledged
Product IRIS KashFlow
Categories Uncategorised
Created by Guest
Created on Jan 10, 2017

RELATED IDEAS

Profit & Loss Reporting Cost Classifications

Add additional classification for Profit & Loss Reporting:

Other income or expense (non-operating)
Income taxes

This will allow accurate Profit & Loss reporting.

After Operating Income (Gross Profit - Expenses)

= Operating income
+/– Other income or expense (non-operating)
= Pre-tax income
- Income taxes
= Net income (after taxes)
  • ADMIN RESPONSE
    Jan 10, 2017
    Hi Raj, Unfortunately we are not looking to implement this functionality at the moment as it is currently present with our OpenAccounts software and therefore does not form part of our KashFlow roadmap. Are you an accountant in practice? If not, your accountant may be able to help you with this request?
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