Income Statement
The Income Statement report shows the company's income and expenses for a given period and year to date. If a comparative statement is chosen, the system prints an income statement that includes the same period last year as well as last year to date totals.
Report By
Select whether to report on a specific fiscal period or for an entire fiscal quarter.
Fiscal Year, Fiscal Period
Enter the fiscal year and period for which the balance sheet is to be printed.
Quarter
Select the quarter on which to report if the option to report by quarter is selected above.
Include Accounts
Choose the Account level that you would like to report on. The account levels are specified on the Chart of Accounts window for each account.
Recalculate Account Balances Before Running
Recalculates all of the Account Balances before the report is ran.
Include Accounts with a Zero Balance
Check this box if all accounts should appear on the report even if they have a zero balance.
Print a Comparative Statement
Check this box if a comparative balance sheet should be printed. (Compares this year with last)
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