Income Statement
Generates a report of your current income and expense status of the running financial year. This is basically a profit and loss statement.
Accounting Reports: Income Statement
To access this report go to WP Dashboard → WP ERP → Accounting → Reports → Click on View Report of Income statements.
![](https://wperp-com.s3.amazonaws.com/uploads/2016/03/58-wperp-accounting-reports-income-statement.png)
After that you will be able to view the income statement which will show you net profit or net loss. For example, here we have made a profit of $404900.
![](https://wperp-com.s3.amazonaws.com/uploads/2016/03/59-reports-income-statement.png)
You will see the report showing net income till the present date. It contains the following information-
- Sales Revenue
- Total Income
- Operating Expenses
- Total Expenses
- Profit
Filter by Date
![](https://cdn.wperp.com/uploads/2019/08/60-income-statement-filter-1024x410.png)
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.