Using Income Statement Expanded

1. Once you select the Income Statement Expanded option from the Financial Reports menu a Select An Option window will appear with the following options:

• EXIT – Select EXIT to exit the Income Statement Expanded option and return to the Ledger menu.
• ALL – Select ALL to generate the Income Statement Expanded report for all cost centers defined in the system.
• A list of cost centers defined in the system.

Select the cost center(s) you would like to include on the income statement by scrolling to the appropriate line and pressing Enter. The system will assign an asterisk (*) next to the cost center indicating that it has been selected. Repeat this process until you have selected all of the cost centers you would like to view.

2. Once you have tagged one or more cost centers with an asterisk, press Enter to proceed to the Period field.

3. At the Period field, enter the appropriate accounting period or press Enter to accept the system default (the current accounting period).

4. If desired, you can summarize the details of an account into one line on the report by selecting Y (Y=yes) in the Collapse Cost Centers field. If you answer Y, the system will print a summary format income statement which will total all cost centers for each account. If you answer N (N=no), the system will print a detailed format income statement, which will show each cost center for each account.

5. A Select An Option window appears with the following options:

• EXIT – Select EXIT to exit the process.
• A list of user defined custom formats (if you have previously defined any).

Select the appropriate option.

6. Command options will appear, allowing you to print the income statement or choose from a set of other printing options.

Use the Available Actions link below for more information.

Security Required : Ledger - Ledger Reports