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.
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.