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Insert Mark to the 12 Month Income Statement

Insert Mark to the 12 Month Income Statement

Aug 6th, 2022

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How to Insert Mark to the 12 Month Income Statement

4.7 out of 5

34 votes

The video tutorial discusses the "Standard Income 12 Period" report included in Sage 50's financial statements. This report provides a monthly breakdown of the current fiscal year from periods 1 to 12. However, it does not allow for a date range selection, limiting use to the current period. To analyze a closed year, users can change the current period to a previous one, but this is not an ideal solution. The video explains how to overcome this limitation by saving the report under a new name, effectively creating a custom financial statement. By clicking the save button and renaming the report, users can generate a modified version that appears in their report list.

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