Understanding the Shanghai Income Statement (Commercial)

The Shanghai Income Statement (Commercial) (R75C10011) generates an industry-specific profit and loss statement that companies that conduct business in Shanghai, China, are required to give to the local authorities each accounting period. The report includes data about sales, income, and profits.

You complete the Category Code (21–43) processing option with the system 09 account category code to which you copied the values from the SH-04 Income Statement UDC table 75C/S4.

The maximum length of the description column is 96 characters. The system truncates longer descriptions.

See Rows and Columns for the Shanghai Income Statement (Commercial) Report