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Statement of Financial Performance (Profit and Loss) for a given period or selection of periods - has the ability to create comparative report periods. |
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This report is a key financial statement and can help you decide where to make changes to your business in the future. It is also often of interest to investors and business analysts. |
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See here for more information on Accounting Basics |
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See updated article in Actionstep Help Center: https://support.actionstep.com/hc/en-us/articles/360055286933 |