Income Statement

Income Statement

Reports > Finances > Transactions > Income Statement

Type <Ctrl> <F> to search for words in the article.

How to generate an income statement

  • Choose with which structure you would like to report. You can choose between Budget Categories or Incomes & Expenses
  • Budget Categories:  This income statement will display all income and expenses per budget category.  This means if the Budget Category amounts add up to a loss it will print as an expense.  If the amounts per Budget Category add up to a profit it will print as an income regardless of the account type.  Therefore this will mean that an income account can print as an expense account.
  • Income and Expenses:  The income print on top and the expenses at the bottom.
  • Choose the period in which the report must run.
  • Choose what income to report on.
  1. Invoices issued reports on all the billing that has automatically taken place for the given period.
  2. Cash received does not take the total billing into consideration but rather all physical cash, card and eft payments. It also includes debtor journals
  • Choose whether to show account detail.
  • Choose under which account projects are included.
  • Choose whether to include projects that close to balance sheet accounts.
  • Choose whether to show project detail.
  • Choose whether to show accounts/projects with a 0 balance.
  • Choose whether to show the budget.
  • Choose what budget percentages to show.
  • Select the budget items on the left-hand side and click on the double arrows to the right to allocate them. You can also change the order with "Up" and "Down".
  • Click on "preview"   to show the report. The report will be generated as a .pdf document. You will need Adobe Acrobat Reader to view this document.

© Copyright d6 group (Pty) Ltd

    • Related Articles

    • Trial Balance

      Reports > Finances > Transactions > Trial Balance Type <Ctrl> <F> to search for words in the article. A Trial Balance displays a list of ledger accounts with the total amounts of all transactions which are posted on each general ledger account. Each ...
    • Approve Transactions

      This function facilitates the approval or rejection of invoices and credit notes that have been captured. Transactions can be approved per invoice or per invoice line (item) allowing for invoices to be partially approved. The current ...
    • Cashbook Report

      Reports > Finances > Transactions > Cashbook Report Type <Ctrl> <F> to search for words in the article How to generate a cashbook report Choose the period for which you want to generate a report for Choose the format of the report by clicking on the ...
    • Project Detail

      Reports > Finances > Transactions > Project Detail Type <Ctrl> <F> to search for words in the article How to generate a project detail report Choose whether all transactions must be taken into account or only for a certain period Choose to view the ...
    • Ledger Details Report

      Reports > Finances > Ledger Details Type <Ctrl> <F> to search for words in the article. How to generate a ledger details report Choose the period in which the report must be generated Choose the file format to preview the report. It can be viewed in ...