Page 19 - Participant Guide ebook - Unanet GovCon Using General Ledger

General Ledger Reporting – Income Statement

Navigate: Reports > Dashboard > Financials > General Ledger

Income Statement - presents balances for all Revenue and Expense account types
formatted as an Income Statement through a specific Fiscal Period for all accounts that
have charges posted to the General Ledger. The report will display an account tree
structure based on the financial hierarchy established in the Account profile.

Income Statement – Trending - provides a periodic view containing similar information
as the Income Statement Report for a single Fiscal Year (up to 13 periods) but with
many more configurable options.

Activity 2.3 Run the Income Statement
Login as Amy Accountant (GL Viewer) – aaccountant / welcome

Activity Steps:
1. On a separate tab, Navigate: Reports > Dashboard > Financials > General
Ledger > Income Statement

2. Run the Income Statement using the following criteria then view results:

• ORGANIZATION: OPS.CS-Consulting Services
• FISCAL PERIOD: FY21-xx (Previous Month from Posting Month)
• COLUMNS OPTIONS: Period-To-Date and Year-To-Date Actuals
• COMPARISON COLUMN OPTIONS: Compare Actuals to Budget (Select - Class)

3. Return to the Budget tab and Manually edit the Class Budget revenue account
value for the Period FY21-xx (Previous Month from Posting Month) to your
favorite number (it can be whatever you want) then SAVE

4. Return to Reports tab and Refresh the Income Statement (confirm the results
have changed)

LESSON 2 GENERAL LEDGER BUDGETS
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