Income and Expense Statement instead of Profit & Loss Statement


Income and Expense Statement instead of Profit & Loss Statement

आय और व्यय विवरण उन संगठनों के लिए उपयुक्त है जो माल या सेवाओं के व्यापार में शामिल नहीं हैं। ऐसे संगठनों के लिए, खातों की पुस्तकों में आम तौर पर केवल आय के स्रोत होते हैं, और व्यय, किसी अवधि के दौरान अर्जित / व्यय किया जाता है। यह गैर-लाभकारी संगठनों जैसे ट्रस्ट, शैक्षणिक संस्थान, एनजीओ, अस्पतालों आदि के लिए उपयोगी है।

Income & Expenditure Statement is suitable for organizations which do not engage in trading of goods or services. For such organisations, the books of accounts generally comprise of only the sources of income, and expenditure, earned/incurred during a given period. This is useful for non-profit organizations such as trusts, educational institutions, NGOs, hospitals, and so on.


You can toggle between Income and Expenditure Statement and Profit & Loss A/c by pressing F11 on the keyboard, and setting the option Use Income and Expenses A/c instead of Profit and Loss A/c? to Yes/No as, as required.




The report menu the displays the Income & Expense A/c instead of Profit & Loss A/c. The Reports menu appears as shown below:








The Income & Expenditure Statement appears as shown below:









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