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[Music] hello everyone welcome to this video demonstration on Microsoft Dynamics NAV 2016 today I am going to demonstrate how to design a profit and loss statement for balance sheet statement before using account Cheerios before starting lets understand what is the profit and loss report the profit and loss report is usually a report that represents the income statement in pure during a specified period of time for example the financial assets clear similarly a balance sheet report is a report that summarizes the financial balances of assets liabilities and equity of the company for understanding this video you should have a basic understanding on financial accounts module in Microsoft Dynamics and X for example charts account lets start with creating an account schedule type of a module in the search bar select a proper link he will create a new account reduced a profit and loss enter the profit and loss in Lane enter the description of profit and loss statement now next is to edit
