Hi Yogi.
I'm here to share some information about why the report shows two different amounts.
Though there's no option to select an accounting method on the Projects tab, you can run the Project Profitability Summary Report instead. This way, you can verify if the accounting report affects the project data to show only $2200 when the invoice is $5200.
On this report, you can also check what causes the vendor expense to show as a negative amount, and the profit margin shows 178%.
Let me guide you with these steps:
- Click the Reports tab.
- Enter and select Project Profitability Summary Report.
- Filter the date range.
- Toggle the Accounting method.
- Click Run report.
Also, if you want to see project transactions, you can go either to the Sales or Expenses tabs.
I've also added this reference as your guide if you want to customize the said report: Modify report.
I'll be around when my assistance is in need.
