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How do I compare my previous month’s profits with my current month?
You can compare your previous month’s profit with the current month. Here’s how:
- Go to Reports on the left sidebar.
- Click Accountant under the Report Category and select Profit and Loss or search for Profit and Loss in the Search Report field.
- Select the date range for which you want to generate the report.
- Choose Compare Based on Period/Year from the options provided in the Compare section.
- In the Compare With section, choose Previous Periods from the dropdown and select the Number of Period(s).
- Click Apply.
Similarly, you can compare the below reports with the previous years/periods as required.
- Balance Sheet
- Sales by Item
- Sales by Customer
- Purchases by Item
- Purchases by Vendor
- Trial balance (when generated for Date range)
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