Income statement report
The Income Statement Report, also known as the Profit & Loss Statement, provides a summary of the company’s revenue, expenses, and profit or loss over a specific period. It helps management assess financial performance and make informed business decisions.
Income statement report details with:
Total Income: Total revenue earned during the selected period, including sales, services, and other income sources.
Cost of Goods Sold (COGS): Total direct costs associated with producing goods or delivering services.
Gross Profit & Loss: Difference between Total Income and COGS. Shows profitability before operating expenses.
Operating Expense: Total operating expenses such as salaries, rent, utilities, and administrative costs.
Net Operating Income: Gross Profit minus Operating Expenses. Indicates the company’s operational profitability.
Other Income: Income from non-operating activities.
Other Expense: Expenses not related to core operations.
Net Income/Loss: Final profit or loss after accounting for all incomes and expenses.
Advance filter:
Company: Select the company for which you want to generate the income statement.
Branch: Choose a specific branch to filter branch-wise income and expenses.
Date Range: Specify the start and end dates to view transactions within a selected period.
Statement based on the financial year and date range
Export report by Excel
