Add a "Conventional Presentation" option to comparison reports

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Bob_L
Bob_L SuperUser ✭✭✭✭✭

Comparison reports currently display like this :

Item

Prior Period

Current Period

difference

Income Item

200

500

300

Expense item

200

500

-300 in red

The method used treats all expenses as negative numbers (i.e. -500 -(-200)=-300). However, the resulting display makes no sense to me. If expenses increase by 300 relative to the prior period, then the difference column shoud show 300 (if you like in red), reflecting it was an increase in expenses.

An option could be provided on the display tab of the customize report dialog as a check box called "Conventional presentation" under the "Show" heading. Increases in expenses would be reported as positive red numbers.

Quicken Business & Personal Subscription, Windows 11 Home

1
1 votes

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Comments

  • NotACPA
    NotACPA SuperUser ✭✭✭✭✭
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    In accounting, a Positive number is to your benefit, while a Negative number isn't.

    What you're showing conforms to accounting standards. Your positive 300 in income is to your benefit while your negative 300 in expenses is to your detriment.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • Bob_L
    Bob_L SuperUser ✭✭✭✭✭
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    I understand that. My recollection, however, is that corporate budget Reports tend to do what I called the conventional method? Could be wrong but regardless I would prefer it as an option with the color indicating to your detriment.



    Quicken Business & Personal Subscription, Windows 11 Home

  • NotACPA
    NotACPA SuperUser ✭✭✭✭✭
    Options

    So, post an IDEA

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • Bob_L
    Bob_L SuperUser ✭✭✭✭✭
    Options

    Isn't this an idea?

    Quicken Business & Personal Subscription, Windows 11 Home