I would like to be able to print income statements from 2 separate accounts chequing and savings within the same company. The chequing account is the original account. Savings was added later. A savings account expense gets lumped in to the default income statement on the chequing account. Can I make a change in the setup somewhere to separate expenses and the like.
Thanx
Either I don't understand your question, or you don't understand bookkeeping. Income statements are not prepared "from chequing and savings accounts". When you have multiple bank accounts you do not prepare separate income statements from each. I think you have an urgent need to consult a competent professional accountant.
account. Can
If I understand your question right, you need to setup departments. This requires the Pro or Premium versions of Simply Accounting.
However...
..one would not normally include Balance Sheet accounts (like Bank accounts) in a departmental breakdown. Departments are used to seperate income and expenses, for instance, for a retail chain with multiple locations.
Tony.
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