01Anderson
					(Anderson)				Total Anderson				TOTAL
					Jan - Dec 04		% of Income		Jan - Dec 04		% of Income		Jan - Dec 04		% of Income
	Ordinary Income/Expense
			Income
				4000 · Sales, land held for developmen	120,000.00		100.0%		120,000.00		100.0%		120,000.00		100.0%
			Total Income		120,000.00		100.0%		120,000.00		100.0%		120,000.00		100.0%
			Cost of Goods Sold
				4200 · Cost of Sales	88,956.70		74.13%		88,956.70		74.13%		88,956.70		74.13%
			Total COGS		88,956.70		74.13%		88,956.70		74.13%		88,956.70		74.13%
		Gross Profit			31,043.30		25.87%		31,043.30		25.87%		31,043.30		25.87%
	Net Ordinary Income				31,043.30		25.87%		31,043.30		25.87%		31,043.30		25.87%
Net Income					31,043.30		25.87%		31,043.30		25.87%		31,043.30		25.87%
				The P&L by job is created AFTER a job is closed out.
				Before that time, ALL costs and deposits are held
				on the balance sheet according to GAAP.
				(Generally accepted accounting principles.)
				The trade off in using QuickBooks as we do is that the user
				loses the ability to run some of the built-in reports that
				QuickBooks has available.
				But the user GAINS the ability to produce PROPER reports that
				meet both management and tax goals.
				And, this is only for users with long-term contracts such
				as homebuilders.
				Construction users with short-term contracts such as remodelers
				post directly to the P&L and therefore have use of all of the
				built-in reports that QuickBooks offers.