The Income Statement Report shows the relationship between the income generated and the expenses paid for a specified range of periods.You can print this report for a specific period or a range of periods and can choose a Detailed, Summary, Classified, Profit and Loss, Comparative Detailed, Comparative Classified, Comparative Profit and Loss, or Drilldown report type (see Options for Report Type).

If you print the drilldown version of this report, you can double-click on any line in the report to see more information. A new report will open that shows the transaction information specific to the line you selected. This can sometimes include several report levels from multiple modules. If history from other modules has been purged, the report that opens will be blank.

You can choose to sort or filter the report with the options available. For more information on the options or consolidating ledgers, see Filter Ranges and Filter Methods or Consolidating Option For Multiple Organizations.

If you defined a custom report for this window in Controller, you can select the Use a custom report check box and then choose the custom report you want to run from the drop-down. See the Controller guide for more information on setting up custom reports.

You can set up Advanced Report Groups and run an advanced Income Statement Report. Your options are Classified, Profit and Loss, Comparative Classified, and Comparative Profit and Loss.

For all report types except Consolidated, you can export this report to CSV format and easily manage your data in Excel®.