Enabling Income Statement

Select Income Statement to enable income statement planning. Selecting only Income Statement creates a basic income statement format.

To use a predefined income statement format, select Gross Profit or Contribution Margin and associated options. To use the provided Gross Profit or Contribution Margin accounts, you must also select the provided Revenue and Expense accounts. The options you choose when you enable Income Statement affect the income statement rollup.

Additional Options adds rollups to the income statement hierarchy.