The Income statement detailed report shows the detail of income and expenses for a period of time by property.
- Profit and Loss
- P & L
Other report formats are available and can be generated in the software.
When to use it
- Find a net profit or loss for a period of time for all specified properties.
- Provide a summary financial report to rental owners or board members.
Generating this report
- Go to the Reports menu .
- Click the Income Statement Detailed link.
Select your report parameters. More details:
Parameter What it means Properties
Select a single property, association or rental owner, or a group of properties, associations or rental owners, using the filter box. You can also select all properties.
Choose whether the report will include income, expenses, or both.
Selects the period for which the software will generate the report.
Controls the columns in the report and how the totals within the date range are displayed.
Cash basis reports display data when money changes hands. Accrual basis reports display data for the period in which the transaction originally happened.
Include inactive properties
You will receive an income statement for a property that has been inactivated
Choose from PDF, legacy PDF, XLS, XLSX, or CSV.
Click Download report.
- Management income accounts are not included on this report. see "Monthly management fee policy"