Monthly Income Statement

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The Monthly Income Statement is accessed from the Reports Window, General Ledger, Financial Statements, Income Statements folder.

It is designed to display the profit and loss for a particular Month. It will show your Sales, COGS, Operating Expenses, and Other Income and Expense Accounts. The Gross Profit and Net Income will calculate.

 

mth inc stmt report

 

The report can be printed for a month ending for a particular year.

 

There are multiple formats: Month, Year-to-Date;  Month, Year-to-Date, Budgets and Variances; Month, Year-to-Date, Prior Year; Month, Year-to-Date, Budget Year-to-Date, Prior Year; and Comparative.

 

Show Time stamp prints the actual Time that the report was generated.

 

You can choose to Suppress Zero Accounts and Pick a Layout to review.