General Ledger Income Statement Report

The Income statement is a report showing total revenues and expenses by account over a specified period of time such as a week, month, or year.  Revenues are credits (-) and expenses are debits (+) so that if the business makes a profit (revenues exceed expenses) the total earnings is a credit (-).  This total shows on the balance sheet as an earnings amount in an owners’ equity account meaning that the business owes that amount to the owners.  A P&L report can be thought of as a statement for a specific period of time showing how a profit or loss occurred.

You must enter a beginning and ending date for your income statement.   You can hide account numbers on your income statement by removing the check mark next the question if you want to print gl account numbers.  If you decide to print this an income statement for a specific department remove the check mark for include all departments and select a department for you income statement.

You can contact a sales rep for Retail Advantage POS Software by calling in the USA toll free at 1-888-785-0882 or for international callers please call us at 281-398-3770. Or email for for more information at sales@aknaf.com for additional information about Retail Advantage POS software.