Statement of Earnings

The Statement of Earnings reports the balances of G/L accounts for operating revenues, operating expenses, gains and losses.

You can select to just display the earnings for the requested G/L period, or the accumulated year to date amounts. You can also review the actual amounts posted to each G/L account, or the budgeted amounts for each G/L account.

[d] General Ledger | [h] Financial Statements | [b] Statement of Earnings

In our demo company, we’ve set up Revenue and Costs Statement Groups.

[d] General Ledger | [u] Set Up | [d] Statement Group Entry

So the Statement of Earnings shows Revenue on the first page, with a subtotal.

[d] General Ledger | [h] Financial Statements | [b] Statement of Earnings

It then starts on a new page and reports Costs, also with a subtotal.

[d] General Ledger | [h] Financial Statements | [b] Statement of Earnings

The last line on the report is the difference between costs and revenue and is reported as the Net Earnings.

PRINTING, EMAILING, EXPORTING TO EXCEL

Like all reports, you can export the Balance Sheet to an excel spreadsheet and further examine it. Or you can print or email a PDF version.