Title: Income Statement


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## Income Statement ##
 
The Income Statement identifies profits and losses within a specific period of time.


>![Image](media/FinancialIncStatementOptions.JPG)
>FinancialIncStatementOptions.JPG

Income Statement Options | Description
----------------------|-------------
What time frame should the report reflect |Select a time frame from the supplied options or select the 'A specific date range' to enter other date ranges. 
Hide accounts with a zero balance |This option is selected by default.  When selected, any accounts with a zero balance will not be displayed.  To display accounts that do have a zero balance, un-check this box.
Exclude year-end closing entries |When running the Income Statement for previous years, you can exclude the year end closing journal entries so the balances shown are accurate.  They year end closing entries are entries the balance the accounts for starting a new fiscal year.  If these balances are included, your Income Statement results will be skewed by these entries. 
Add this report to your saved reports |Checking this box will allow you to enter a name to save your report criteria.  The names will appear under the My Saved Reports menu option under Reports.

A sample Income Statement is shown below.

>![Image](media/FinancialIncStatementReport.JPG)
>FinancialIncStatementReport.JPG