Oct
DIY Accounting Self Employed Accounting and Tax Return Answers
Why is the monthly profit and loss account not updating from the sales and purchases entered.
Updating the profit and loss account in the financial accounts file is automated. If the financial accounts file is not updating automatically the links from the sales spreadsheet and or the purchase sheet are not working. This may be because the file names have been changed which breaks the links between the files.
The most common reason is the way the files were originally saved when initially downloaded from the website by opening the files first before saving them. When a excel workbook is opened before being downloaded the computer stores the workbook in a temporary internet folder and changes the links to temporary links within that temporary folder.