Using the Income Statement page you can generate the income statement to show the financial progress of your company over a specific period of time. The income statement only uses Profit and Loss accounts. These accounts can be defined through the Chart of Accounts page.

 

To get the required income statement, you need to go through the following:

 

§  Select the company Branch;

§  Enter the range of Dates you want to inquire about;

§  Enter the Main Account Level. Levels were predefined in the Chart of Accounts sub-module. For example, if you enter the Main Account Level as 1, then only the first level of the main accounts will appear without their sub-accounts. If no level is entered, then the retrieved Income Statement will include all the main account levels with the balance for the whole Chart of Account as well;

§  Select the required Cost Centre you want to inquire about. Note that cost centres can be defined in the Cost Centres sub-module;

§  Select the Posting Status of the vouchers within your query (Posted, Un-posted or Both). Accordingly the Income Statement will only cover the vouchers with the selected status;

§  Use the Include Adjustment vouchers checkbox to include all the accounts that have adjustment vouchers;

§  Use the Include Closing Voucher checkbox to include all the accounts that have closing vouchers;

§  Click  to execute your query;

§  Click  to open the Report Options pop-up where you can set the language and format of the report to be printed.

 

 

Related Topics

Final Reports
Print Income Statement