Prepare a net profit/loss report for April 1 - Dec 31 of 2020, and then also April 1-Dec 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 accountant 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 '4/1/2020'. In the 'To' field enter '12/31/2020'.
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.