I'm not an accountant so when I saw that a report menu has both Income
Statement and Profit & Loss as reports I looked up the difference in
wikipedia. While there are apparently subtle differences meaningful to those
wearing green eye shades, the reports for both are identical.

  Sure enough, when I prepared financial reports for June to send to my
accountant I saw that these two were the same, line-by-line. What is the
reason for having both available?

A curious mind wants to know,

Rich
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