Except for those noted below, reports in VT Cash Book follow the following sign convention:
Sign |
Profit and loss accounts |
Balance sheet accounts |
+ |
Expense |
Asset |
- |
Income |
Liability |
Negative amounts are also normally shown in red, although this can be changed by choosing the Set Up > Options command (General tab). You can display red amounts on screen but still have them printed in black by choosing the Set Up > Options command (User tab)
The only reports that do not strictly follow this convention are the Profit and loss account and Balance sheet reports. You can click on the Options button at the bottom of these reports to change the convention for each individual ledger shown in the report. The default for the profit and loss account report is for income to be shown as plus and expenditure as minus for all ledgers. The default for the balance sheet report is for assets to be shown as plus and liabilities as minus. This is reversed for the capital section of the balance sheet.
