Income Statement

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Income Statement Report

Purpose:

This form will allow you to print an Income Statement Report.

Usage:

This report will allow you to include transactions from the starting to the end period. Those periods are setup in the when the fiscal year is created. You can print the report in summary format. This only shows the four main sections (Sales, Cost, Expenses, and Taxes) and their totals. In addition to this, you can print it in detail format which shows you a list of all accounts within the four major categories (Sales, Cost, Expenses, and Taxes) and their balances. The Income statement report allows you to show accounts with zero balances or not. Finally, this report will allow you to compare the balances in the accounts with the previous year Balance or Budget.

Note: Refer to the Reports Overview help topic for details about the operations of the reports in BSC Food Distribution

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