﻿<?xml version='1.0' encoding='UTF-8'?><rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/"><channel><title>MySF Forums / MySF - The Application / Bugs and Fixes  / Possible discrepancy in Profit &amp; Loss Report / Latest Posts</title><generator>InstantForum.NET v4.1.4</generator><description>MySF Forums</description><link>http://www.mysf.com.au/members/</link><webMaster>info@mysf.com.au</webMaster><lastBuildDate>Wed, 08 Feb 2012 07:28:15 GMT</lastBuildDate><ttl>20</ttl><item><title>RE: Possible discrepancy in Profit &amp; Loss Report</title><link>http://www.mysf.com.au/members/Topic3384-25-1.aspx</link><description>Hello Bryan,&lt;br&gt;&lt;br&gt;The Government Co-contribution is in fact a non-taxable income account. You can confirm this by viewing the account in the General Ledger. When you select the account from the list, there is a checkbox labelled "Taxable" which is un-ticked for that particular account.&lt;br&gt;&lt;br&gt;If you wish to include this in the profit and loss report, in the report tool, tick the box labelled "List non-assessable items". You will be able to see it's inclusion at the very end of the report (on the last page if there are multiple pages) under the heading "Non-Assessable Income".&lt;br&gt;&lt;br&gt;&lt;br&gt;If you have any further questions or queries, please do not hesitate to contact us.&lt;br&gt;&lt;br&gt;&lt;br&gt;Regards,&lt;br&gt;&lt;br&gt;MySF</description><pubDate>Sun, 01 Jul 2007 17:25:23 GMT</pubDate><dc:creator>mysf</dc:creator></item><item><title>Possible discrepancy in Profit &amp; Loss Report</title><link>http://www.mysf.com.au/members/Topic3384-25-1.aspx</link><description>Hello&lt;/P&gt;&lt;P&gt;I have upgraded to version 3.1.2.&lt;/P&gt;&lt;P&gt;When I run the Profit &amp;amp; Loss Report  it reports a total income which differs from the value reported by the summary account 4000 (Income) when viewed using the General Ledger Accounts maintenance functionality.&lt;/P&gt;&lt;P&gt;The difference is equal to the amount against account 4675 (Government Co Contributions). It would appear that Government Co-Contributions are not being included as income in the report.&lt;/P&gt;&lt;P&gt;Is this correct?&lt;/P&gt;&lt;P&gt;Regards&lt;/P&gt;&lt;P&gt;Bryan Lovquist</description><pubDate>Sun, 01 Jul 2007 04:49:44 GMT</pubDate><dc:creator>bryanlovquist</dc:creator></item></channel></rss>
