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The Standard Income 12 Period report in Sage 50 provides a monthly breakdown of the current fiscal year. Although you cannot directly select a date range to run the report for previous years, you can save it as a custom financial statement to enable this functionality. To do this, simply click the save button while viewing the report, give it a new name (e.g., "My Income 12 Period"), and the report updates with the new name in the list. This allows you to access the report with the ability to analyze closed years by modifying the current period setting.
