Income Statement doesnt deduct cost of goods. Help?

WongSY

Ive always been using Express Accounts only recently i notice when i generate Income Statement it will not deduct the cost of goods, so the profit shown doesnt deduct the cost.

did i do anything wrong or is there any solution for this/?

RVM

Hi,

Try to recalculate customer balance on the left part of the program screen. See if it works.

WongSY

RVM wrote:

Hi,

Try to recalculate customer balance on the left part of the program screen. See if it works.

Same still cant deduct the cost of goods.

RVM

Hi, best to send a support ticket for that through this link here: https://www.nch.com.au/support/supportcontact.html

WongSY

RVM wrote:

Hi, best to send a support ticket for that through this link here: https://www.nch.com.au/support/supportcontact.html

They say this function not available at the moment. but it doesnt make sense no? you have the function to deduct cost of sales but they replied me it wasnt available at the moment.

GRH

WongSY wrote:

They say this function not available at the moment. but it doesnt make sense no? you have the function to deduct cost of sales but they replied me it wasnt available at the moment.

I think EA was designed by engineers, not accountants, I struggled with it and gave up. I tried a load of things out there and a lot are loaded with unnecessary 'bling', when all you want is Transactions, customers and suppliers, P&L, BS and Trial Balance, and search and query. I settled on Gnucash, (google it) it's not perfect, the interface is old school but it works and is well supported - and best of all, free.

WongSY

GRH wrote:

I think EA was designed by engineers, not accountants, I struggled with it and gave up. I tried a load of things out there and a lot are loaded with unnecessary 'bling', when all you want is Transactions, customers and suppliers, P&L, BS and Trial Balance, and search and query. I settled on Gnucash, (google it) it's not perfect, the interface is old school but it works and is well supported - and best of all, free.

i end up buying a proper accounting software now to safe myself from all these hassle. its was a near perfect software for me. I just need it to deduct the cost of sales and im ok. thats all i need left of this software.