Overview of the Income & Expense statement

The Income & Expense statement is like a businesses Profit & Loss (P&L) statement. It shows a breakdown of your income and expenses into different categories, for any chosen date range.



The different areas of the page:
  • Date picker in the toolbar - this allows you to easily select the date period for the Income & Expense statement. Select a default value or a custom range

  • Account sidebar - You can refine the statement to a specific account or show for all accounts.

  • Title - Displays the name of the report, as well as the accounts and date range it covers.

  • Income - Your income categories and the total actual and budgeted amounts per category, as well as your total income.

  • Expense - Your expense categories and the total actual and budgeted amounts per category, as well as your total expenses.

  • Net Income - Your total income minus your total expenses, for both your actual and budgeted transactions.

  • Orange warning next to category - This shows that the actual transactions for this expense category are more than the budgeted amount

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