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The Standard Income 12 Period report in Sage 50 provides a month-by-month breakdown of the current fiscal year, running from periods 1 to 12. However, the report lacks an option to select a date range, limiting the user to the current period only. To work around this, you can rename and save the report, creating a custom financial statement. By clicking the save button while viewing the report and assigning it a new name, you enable the report to be listed as a custom option, allowing for easier access in the future.