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The "Standard Income 12 Period" report in Sage 50 provides a monthly breakdown of the current fiscal year. It displays data for periods 1 through 12, but lacks an option to select a custom date range, limiting reports to the current period only. Users can reset the current period to a previous year to run reports for that year, but closed years remain inaccessible. However, users can create a custom financial statement by saving the report with a new name. This process allows for enhanced flexibility, enabling access to a tailored version of the report while retaining the original in the report list.
