The Income Statement displays the district's revenues, expenses, and profitability over a period of time. It is also sometimes referred to as a profit-and-loss (P&L) statement or an earnings statement.
In order to access the Income Statement, you must have permission to Income Statement via Setup > Profiles > Budgeting/General Ledger tab.
Categories must also first be set up via Setup > Settings > Income Statement tab.
1. In the Budgeting/General Ledger menu, click Income Statement.
2. Select the applicable fiscal year from the pull-down. The pull-down defaults to the current fiscal year but can be changed, as needed.
3. Select the applicable fund(s) from the Fund pull-down to determine how the report is generated.
4. Select the applicable project(s) from the Project pull-down to determine how the report is generated.
5. Select the applicable categorie(s) from the Categories pull-down. The categories displayed in this pull-down must first be set up via Setup > Settings > Income Statement tab.
6. Select the Month for which you want to generate the Income Statement.
7. Select the Budget check box to add a column that displays the current budgeted amount, from the Budgeted column via Budgeting/General Ledger > Expenditure/Revenue Report.
8. Click Run Report.
The Income Statement displays the Type, such as Revenue, Other Sources, the Category, the Budgeted, Actual, and Variance amount as of the month and fiscal year selected.
Click the floppy disk icon to save the report's configuration for later use.
a. Name the report, then click Save.
b. To generate the report, from the main screen, select the report from the pull-down.
c. From the toolbar, click the trash can icon to delete the report.
d. Click the blue arrow icon to modify the report.
Click the Excel icon to download the report to an Excel spreadsheet.
Click the Printer icon to open a print preview window with the option to print or open as PDF (dependent on browser/printer settings).
Enter text in the Filter text box to quickly locate data.
Click Check all to select all displayed results. Click Clear to clear all selections.
Select the Exact filter check box to filter results based on the text entered exactly.
Click Filters to breakdown data.
a. To add more than one filter to a column by clicking the green plus sign.
b. To delete an additional filter, click the red minus sign.
c. For additional filtering options, click the gray arrow for a filter pull-down.
See Filters for more information.