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This video is a tutorial on how to design a profit and loss statement and balance sheet statement using Microsoft Dynamics NAV 2016. The profit and loss report represents the income statement for a specified period, while the balance sheet report summarizes the financial balances of assets, liabilities, and equity. To follow along, you should have a basic understanding of financial accounts in Microsoft Dynamics. To create an account schedule, go to the search bar and select a link to create a new account. Enter the necessary information for the profit and loss statement, such as the description.
