GAAP-standard reports

Sage 100 Contractor provides several reports to reflect generally accepted accounting principles, or GAAP. These reports include the following:

• 2-2-0-21 Balance Sheet
• 2-2-0-31 Balance Sheet~This Year/Last Year Comparison
• 2-3-0-21 Income Statement
• 2-3-0-31 Income Statement~Period and YTD
• 2-3-0-32 Income Statement~This Year/Last Year Comparison
• 2-3-0-33 Income Statement~Actual/Budget Comparison
• 2-3-0-41 Dept. Income Statement
• 2-3-0-51 Dept. Income Statement~Period/Year
• 2-3-0-53 Dept. Income Statement~Actual/Budget Comparison
• 2-3-0-71 Income Summary~With Subaccount Detail Period and YTD
• 2-8-0-21 Financial Report
• 2-9-0-21 Statement of Cash Flows

Note: The existing reports with the same names in previous versions of Sage 100 Contractor are replaced with these new GAAP-standard reports.