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Formula for Profit & Loss Line Description Income (Loss) Text for Comparative Periods

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Hi,

Does anyone utilize a formula for Profit/Loss or Provision (Benefit) that can look up values in the two periods presented in their workbook? For example, if 2024 is positive and 2023 is negative, I want the text to show the correct text based on the signs "Income (Loss)". Similiary, if 2024 is negative and 2024 is positive, the formula would return "(Loss) Income". 

Thank you!

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  • Barbara Glenn

    Maybe you could do an IF(And) function

     

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  • Pam Beesley

    Barbara Glenn - Thank you so much! I had attempted it before without success, but after seeing your comment, I gave it another shot and it and it worked perfectly! Your input is greatly appreciated!

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