does ibank have profit & loss set up

  • Asked by Darrin W from Redding
  • Feb 16, 2012
iBank 4

iBank 4

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1 Answer from the Community

  • While iBank is designed as "personal finance" management software, it can be used in many ways for small business management as well. To calculate P+L, you might, for example, create a custom account or even a smart account to track all of the relevant transactions you need to track in your business. Then you can run an Income & Expense Report (from among iBank's customizable report templates) on that account to give you P+L information.

    • Answered by Scott B from Putney
    • Feb 22, 2012