Summary
You can edit the account plan for revenue and expenses by using tags to define the structure of your P&L statement. Tags can be set for both automatic and manual postings, and you can manage them through the "Accounting" menu.
Understanding Tags
Tags are essential for structuring your Profit and Loss (P&L) statement. They allow you to categorize postings effectively.
Automatic Postings
For automatic postings, tags are defined as shown below:
Manual Postings
You can also set tags for manual postings:
P&L Statement Representation
In the P&L statement, only the first tag is displayed. However, you can search and filter using all tags, including the second and third tags.
Editing Tags
To change or delete a tag, follow these steps:
- Navigate to the “Accounting” menu.
- Select “Report” and go to “Journal.”
- Use the filter criteria to find the required posting.
- Select the posting line you want to change.
Deleting Tags
You can only delete the first tag if at least a second tag has been entered. To change a tag, enter the correct one as the second tag and then delete the first.
Structuring Income in P&L Statement
If you post your invoices via order management or use our POS, you can structure the income in the P&L statement as follows:
FAQ
Q: What happens if I delete the first tag?
A: You can only delete the first tag if at least a second tag has been entered.
Q: Can I filter by all tags in the P&L statement?
A: Yes, you can set searches/filters for all tags, including the second and third tags.