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Annually entered Data (Interest)

We need an extra expense reconcile month for entering things like interest once a year. Date from this reconcile month should only affect annual reports not monthly reports. This way When we put the interest in at the end of the year it won't skew december's reports and at the same time make the year business report and the tax report correct.

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You are correct, if you enter a years worth of interest into December the month will be skewed by the amount of interest paid. However, your business and tax reports for the year will always be correct though.

Love the idea though.

Thanks, Aaron

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Well the annual reports are not correct until you enter the interest but once you do enter the interest the december reports are off as well as the 4th quarter. The point of my suggestion was to have all the reports be correct at the same time.

I downloaded a PDF of Dec and 4th qtr. before I put the interest in but then replaced it with updated versions after I put the interest in. Ya I know my mistake I wasn't thinking. I then had to remove the interest and download the PDF's again then put the interest back in. And remember to comparing Dec to other months use my PDF and not just jump between months in profitgauges Which is how I compare any other month other than Dec and likewise comparing quarters to the 4th quarter.


After I complete a month in profitgauges I compare it against the previous 3 or 4 months and the same month of the previous year and at the end of each quarter I compare quarters the same way.


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Ronald Sanford will be eternally grateful.
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