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Hide Surname Field into the 12 Month Income Statement

Hide Surname Field into the 12 Month Income Statement

Aug 6th, 2022

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How to Hide Surname Field into the 12 Month Income Statement

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The "Standard Income 12 Period" report in Sage 50 presents the fiscal year data by month, displaying periods 1 through 12. While it typically can only be run for the current period, users can enable custom functionality. By saving the report under a new name, such as "My Income 12 Period," it becomes a custom financial statement. This allows the user to access it in the report list, providing greater flexibility to analyze financial data. However, it's important to note that reports cannot be generated for closed years directly.

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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.

What names are associated with the income statement?

The income statement is also known as a profit and loss statement, statement of operation, statement of financial result or income, or earnings statement.

What are the 3 names for income statement?

There are many different names for an income statement, including a profit and loss statement, PL, statement of earnings, or statement of operations.

What item does not appear on an income statement?

Unearned fees and prepaid expenses are not classified as costs of the period, and therefore, do not appear in the income statement. The net loss appears in the income statement and it shows the amount by which the companys costs exceed its revenues.

Which of the following names doesn t refer to income statement?

The statement of financial position is NOT associated with the income statement.

What types of information must be disclosed in the financial statements?

IAS-5 lists the items to be disclosed, including taxes, depreciation, interest income and expense, unusual charges and credits, and net profit or loss.

What are other names for income statement?

An income statement shows a companys revenues, expenses and profitability over a period of time. It is also sometimes called a profit-and-loss (PL) statement or an earnings statement.

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