GL: New Financial Reporting Standards (FRS)
Question: Can I rename the Profit and Loss Statement and Balance Sheet Statement in accordance with Financial Reporting Standards (FRS)?
Version: 1.8 / 1.9 / 2.0
Yes.To perform this it’s pretty simple, just go to Tools > Options > Tick 'Use New Financial Reporting Standards (FRS) Terms' > Click OK to save. You will notice that the title of reports has been changed.
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