What?! There’s a new version of YNAB coming? Yes. It’s YNAB 4, and it’s awesome. If you missed the announcement, you can catch it here. We talk about pricing, availability, etc.
The profit & loss statement is finally here. Accountants and other geeks unite!
I’m finding the Income v. Expense report particularly useful now that our business runs solely on YNAB.
As with the Net Worth report, you can filter to your heart’s content. With the Income v. Expense report, you can actually filter on categories and payees as well.
Income sources are broken down by payee, so you can distinguish between employer income of his/hers, or income from various freelance or contractor sources:
You’ll also notice the expand/collapse all buttons available on this report. I find it most useful to view everything collapsed and see how I’m doing at a higher level. However, if you need to drill down, the option’s there for you.
The Export option still works like a dream, exporting exactly what you see into a spreadsheet-compatible CSV file. This type of export may prove very useful were you to need to hand some documentation for your accountant for tax preparation.
All things said, this report has been a long time coming, so we’re excited to get it in your hands as part of YNAB 4. You’re going to love it.