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Hide Image in the 12 Month Income Statement

Hide Image in the 12 Month Income Statement

Aug 6th, 2022

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How to Hide Image in the 12 Month Income Statement

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The standard financial statements in Sage 50 include a report called the Standard Income 12 Period, which provides a monthly breakdown of the current fiscal year, from period 1 to period 12. However, there is no option to select a date range, limiting the report to only the current period. Users can change the current period to analyze an open year, but closed years cannot be accessed. To enable functionality for previous years, users can click the save button while viewing the report, rename it as a custom financial statement (e.g., "My Income 12 Period"), and it will then appear in the report list for future reference.

Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

Which item would not be found on an income statement?

Answer and Explanation: (b) Dividends would not be found on an income statement. An income statement shows all the revenues and expenses of a company for a period of time, typically for a year.

Which financial statement is a moving picture?

Income statements provide a moving picture of a companys financial position over a period of time. An income statement includes revenues earned and expenses paid and the bottom line to the investors: net income.

Which report show the financial picture of a business?

The income statement, balance sheet, and statement of cash flows are required financial statements. These three statements are informative tools that traders can use to analyze a companys financial strength and provide a quick picture of a companys financial health and underlying value.

What is displayed on an income statement?

The income statement presents revenue, expenses, and net income. The components of the income statement include: revenue; cost of sales; sales, general, and administrative expenses; other operating expenses; non-operating income and expenses; gains and losses; non-recurring items; net income; and EPS.

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