Magaya Software Accounting Manual

SHIPMENT P&L REPORT
• The detailed report by operations shows all the accounting transactions
that are related to each operation transaction:
• The Income, Expenses, and Profit are also shown in columns with totals
at the bottom.
• The customer name (or vendor), number, and associated account (such as
Accounts Receivable or Accounts Payable) are displayed.
• The miscellaneous income and expenses are displayed. This will show any
accounting transaction that is not associated with an operations transaction.
Shipment P&L Report
In the Shipment List, select a shipment and click the “Detail” button. Select
“Profit & Loss” from the dropdown menu.
Balance Sheet
The Balance Sheet shows total assets, liabilities, and equity. It provides a snapshot
of your business capital (how much it owns and how much it owes) as of a
certain date.
This report answers questions such as:
• “How much debt does the company have”
• “How much money needs to be collected from customers”
This report is cumulative; it will show the figures from the first day of your business
until the end date of the report.
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