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How to Customize Profit & Loss Report Grouping (Less Operating Expenses)

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Thabit Trading & Contracting


Hello,

I would like to customize the Profit and Loss report format, specifically under “Less Operating Expenses.”

Currently, the report groups expenses based on the account type, but in my Chart of Accounts I have many expense accounts that are already organized by Account Groups.

I would like the Profit & Loss report to display the expenses grouped by Account Group, instead of grouping them all together by account type.

Could you please guide me on how to configure or customize the P&L report so that “Less Operating Expenses” uses Group By → account group (not account type)?

Thank you.

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srikesh infotech
Best Answer
1. Account Group Setup
For example, the Account Group “COST OF SALES” can be configured with a prefix starting with “6”, based on your chart of accounts structure.

2. Profit & Loss Report – Formula Setup
Set the Formula as [] so that values are picked dynamically from grouped accounts instead of fixed account types.

3. Enable Hierarchy & Subtotals
Enable "Hierarchy View and Subtotals" in the report. This allows the system to display expenses grouped under their respective Account Groups, instead of listing all expenses flatly.

This will ensure Expenses appear under their respective account groups

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