Prepare a net profit/loss report for March 1 - Oct 31 of 2020, and the also March 1-Oct 31, 2019. There are many ways to do this, but here are the two we would prefer...please choose one:
A.) If you or your acccountant use Quickbooks:
-Open your company in QB
-Click on the 'reports' tab, then click on 'Company & Financial'
-One of the options will be 'Profit & Loss Prev Year comparison'. Click that.
-The report will appear comparing 2019 and 2020 year to date. To the right of 'Dates' in the upper left will be a drop-down box, currently set to 'This Fiscal year-to-date'. Click the drop-down and select 'custom'.
-In the 'From' field enter '3/1/2020'. In the 'To' field enter '10/31/2020'.
The form should now show a complete comparison between last year and this year for the timeframe specified.
-Under 'file' click 'Save as PDF'. MAKE NOTE of where it's saved - I recommend saving it to your desktop or to your documents folder for easy access. Name it something you'll remember as well.
-Upload the file to the portal as requested.
B.) If you or your accountant do NOT have Quickbooks (or comparable accounting software):
-You can find an excel template on our website at www.clearfieldco.org. It has tabs for both 2019 and 2020 March-October. Please fill out all the information on BOTH tabs, save it on your computer, and then upload it to the portal.
IMPORTANT NOTE: Whichever option you choose, remember that you are certifying that the information is accurate. If the state decides to run an audit and discovers that you have provided inaccurate information, they have the right to demand repayment of the grant. So please provide the most accurate data possible.