This dashboard contains two reports. An income summary report which is meant to be similar to an income statement. The company’s total revenue, cost of sales, expenses and net profit for the selected data range are displayed for the current accounting periods, compared to the prior and benchmark.
The second report provides additional breakdown of the income report. Use the radio button to select the desired data.
Please note that switching to the Income Report places you in a new collection, Profitability. This will require you to review the active filters as they can be different between collections.
The radio button to the left of the Detail report allows you to change the report. Please allow extra time for the Operating Expense report to display.
Sales Income: Total sales income.
Cost of Sales: Total cost of sales including sub categories: cost of goods, direct labor and overhead.
Operating Expenses: All expenses incurred in the cost of doing business.
Other Income: Any income not coming from the company’s main business or source of revenue.
Non-Operating Expenses: All expenses incurred that are not directly related to the standard costs of doing business.