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Aug 6th, 2022
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How to Edit register in the Profit and Loss Statement

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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

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To do this from the Chart of Accounts screen, find the account you want to edit and click the drop-down menu next to the words Account History, then choose Edit to make your changes.
QuickBooks Desktop for Windows Go to the Lists menu, then select Chart of Accounts. Right-click on the account that you want to edit. Select Edit Account. Update the account details. Select Save Close.
You can also reclassify by account and class at the same time. Select a transaction or Select All. Select the Account to checkbox to reclassify by account. Select the ▼ dropdown arrow next to Account to. Select the Class to checkbox to reclassify by class. Select the ▼ dropdown arrow next to Class to. Select Reclassify.
Heres how: From the Chart of Accounts window, go to the View tab. Click on Re-sort List. Hit OK.
Go to the Reports menu, then select Company Financial Profit Loss Standard. Select Customize Report.
Change account types Go to Settings ⚙, then select Chart of Accounts. Locate the first subaccount to change. From the Action column dropdown menu, select Edit. Select the Save account under ▼ dropdown to choose a new account type. In the Tax form section ▼ dropdown, select the appropriate detail type. Select Save.
Edit a transaction Find and select the transaction in the account register to expand the view. Make changes to the available fields. If you want to change something in the grayed-out sections, select Edit. When youre ready, select Save or Save and close.
Go to Bookkeeping and select Chart of accounts (Take me there). Locate the account youd like to edit. Select the dropdown arrow next to Account history or Run report (depending on the account). Select Edit.

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