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The standard financial statements in Sage 50 include the "Standard Income 12 Period" report, which breaks down the current fiscal year by month. Users can view periods 1 through 12, but the report cannot be run for a custom date range; it’s limited to the current period. While you can change the current period to access previous open years, closed years are inaccessible. However, this functionality can be enabled by saving the report under a new name, creating a custom financial statement. Naming it “My Income 12 Period” allows it to appear in the report list for future access.