You should have already been to the Profit / Loss Statement - Months 1 page. On that Profit / Loss Statement - Months 1 page you can:
- entered the amounts for month 1,
- enter the growth rates,
- add accounts, and
- delete accounts.
If you have not already done this then go to that page now.
On the Profit / Loss Statement - Months 1 - 12 page you fine tune or make adjustments to Months 2 - 12. You may have no adjustments at all to make in which case you can just skip this page.
Important: If you edit an amount on the Profit / Loss Statement - Months 1 -12 page and then go back to the Profit / Loss Statement Month 1 page and change either the growth rate or Month 1 amount for that account, then any changes you make to the account on the Profit / Loss Statement Month 1 - 12 page will be lost.
Adding Accounts
To add an account go to the Profit / Loss Statement Month 1 page.
Deleting Accounts
To delete an account go to the Profit / Loss Statement Month 1 page.
You cannot delete interest expense or depreciation expense, however if the amounts are set to $0 and you select "Hide accounts with zero dollar balances " on the Reports - Formatting / Output page, then the accounts will be hidden.
Editing Amounts
You should enter all amounts as positive amounts. If you enter a sale as a negative amount then Net Income will be reduced. If you enter Cost of Goods Sold or an Expense as a negative amount then Net Income will be increased.
You cannot edit interest expense. Interest Expense is a calculated amount taken from the loan amortization schedule. You can add or delete loans using the Loan page.
You cannot edit depreciation expense. Depreciation expense is estimated based on what is enter on the Fixed Asset Purchases page.
Important: If you edit an amount then go back to the Profit / Loss Statement Month 1 page and change either the growth rate or Month 1 amount for that account, then any changes you make to the account on the Profit / Loss Statement Month 1 - 12 page will be lost.