Generates a report of your current income and expense status of the running financial year.
Accounting Reports: Income Statement
To access this report go to WP Dashboard → WP ERP → Accounting → Reports → Income statements
You will see the report showing net income till the present date. It contains the following information-
- Cost of goods sold
- Gross income
- Overhead (SG&A)
- Operating income
- Net income
Filter by Date
You can also filter the report based on dates. This filter creates a report from the starting of the accounts to the date you have picked.
This is the report after you have picked a specific date.