PS:
wWy would you wish to mix Income and Expenses?
Maybe accounting for a project/event. You might anticipate the
project/event will be bringing in money for the organization BUT there
are expenses associated with it. You'd like to see that all together. Do
note however:
1) You can use "contra" accounts to do this.
2) Even if you do place income and expense accounts traditionally you
can produce a report showing just the income and expenses and net for
this project/event by running a P&L with just the accounts related to
the project/event selected.
Michael D Novack
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