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The "Standard Income 12 Period" report in Sage 50 is a useful tool that displays the current fiscal year's financial data broken down by month, from period 1 to period 12. However, the default options do not allow selection of a date range, limiting the report to only the current period. Users can change the current period back to a prior open year but cannot access closed years. To enable the functionality to run this report for a closed year, simply save it under a new name, creating a custom financial statement. This action updates the report title and adds it to the report list for future access.
