Does a profit and loss report exist in Sage 50?

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Does a profit and loss report exist in Sage 50?

Web search shows it exists in new cloud versions, but I cannot find one for Sage 50 US. If not, does anyone have one I can purchase and import into Sage?

I would like the report to include income, cost of sales, expenses, federal and state taxes, etc. I'm not against upgrading to Intelligence Reporting if I have to. Our accountant provides this at the end of they year in a nice format, and today I was asked to provide a report like this to our bank for Q1 2021, and it would be great to be able to run it on demand, without manually laying it out and adding number to it via excel or PDF. 

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  • 0 in reply to Dave-N-Darlene

    I'm familiar with those. I use the income statement daily. I was hoping to combine the income statement with a break down of tax expenses, and instead of listing all expenses in a list, break that down by category, and have it all in one report. From what i am reading this cant be done in sage, and i should use Int Rep to export the data to excel and modify it there. 

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