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Difference between revisions of "Income Statement"
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| + | == Income Statement == | ||
| + | ==== Income Statement Menu ==== | ||
| + | [[File:Income Statement Menu.png|center|thumb|1000x1000px|Income Statement Menu]] | ||
| + | '''Income Statement''' <span style="color: rgb(51, 51, 51)">refers to an overview of competitive Income Statements for specific periods.</span> It also shows how profitable the company base on the given period. The income statements gives the user an overview of the revenue, less the expenses and losses. | ||
| + | |||
| + | Income Statement Terms on Oojeema Prime: | ||
| + | |||
| + | # '''Date Range'''(Monthly, Quarterly, Yearly) - gives the user a set of date range on how they will view their Income Statement. | ||
| + | # '''Account''' - set of accounts included on the Income Statement which mainly compose of Revenue, Cost and Expense. | ||
| + | # '''Revenue''' - refers to any income generated from business operations with the inclusion of discounts and deductions for returned merchandise. | ||
| + | #* Set of Revenues can be seen in Revenue Tab under [[Chart of Account]] Maintenance Module. | ||
| + | # '''Cost''' - refers to any value of money that will be used in products or services. | ||
| + | # '''Gross Income''' - refers to any amount that the company earns from the sale of goods or services, before any other expenses have been deducted. | ||
| + | # '''Expense''' - refers to any type of expenditure that flows through the Income Statement. Expense is deducted to revenue to acquire the business net income. | ||
| + | #* Set of Expenses can be seen in Expense Tab under [[Chart of Account]] Maintenance Module. | ||
| + | |||
| + | {| class="wikitable" style="box-sizing: inherit; border-collapse: collapse; border-spacing: 0px; background-color: rgb(248, 249, 250); font-size: 14px; color: rgb(34, 34, 34); margin: 1em 0px; border: 1px solid rgb(162, 169, 177); font-family: "Open Sans", Roboto, arial, sans-serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;" | ||
| + | |+ style="box-sizing: inherit; padding-top: 8px; padding-bottom: 8px; color: rgb(119, 119, 119); text-align: left; font-weight: bold;" |Categories: | ||
| + | ! colspan="2" style="background-color:rgb(234, 236, 240);text-align:center;" |'''Modules''' | ||
| + | |- style="height:25px;" | ||
| + | | style="" |Maintenance | ||
| + | | style="" |[[Maintenance]]<nowiki> | </nowiki>[[Chart of Account]] | ||
| + | |- style="box-sizing: inherit;" | ||
| + | | colspan="2" style="vertical-align:middle;text-align:center;" |'''Reports Module ([[Reports]])''' | ||
| + | |- style="box-sizing: inherit;" | ||
| + | | style="" |Reports | ||
| + | | style="" |[[Financial Statement]]<nowiki> | Sales Report | Tax Reports | Parts and Services | Purchase Reports | Landed Cost Reports | Fixed Asset Reports | Budget Reports</nowiki> | ||
| + | |- style="box-sizing: inherit;" | ||
| + | | style="" |Financial Statements | ||
| + | | style="" |[[Balance Sheet]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Income Statement]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[General Ledger]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[General Journal]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Trial Balance]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Statement of Account]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Accounts Receivable Aging]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[AR Detailed Report]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[AR Transaction Report]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Accounts Receivable Aging]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[AP Detailed Report]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[AR Transaction Report]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Accounts Payable Aging]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[AP Detailed Report]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[AP Transaction Report]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Cash Position]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Check List]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Deposit List]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Collection Register]] | ||
| + | |- style="box-sizing: inherit;" | ||
| + | | colspan="2" style="vertical-align:middle;text-align:center;" |'''Job Aid Modules''' | ||
| + | |- style="box-sizing: inherit;" | ||
| + | | style="" |Maintenance Aids | ||
| + | | style="" |[[Chart of Accounts Aids]] | ||
| + | |- style="box-sizing: inherit;" | ||
| + | | colspan="2" style="vertical-align:middle;text-align:center;" |'''Reports Aid''' | ||
| + | |- style="box-sizing: inherit;" | ||
| + | | style="" |Financial Statements | ||
| + | | style="" |[[Balance Sheet Aids]]<nowiki> | </nowiki>[[Income Statement Aids]]<nowiki> | </nowiki>[[General Ledger Aids]]<nowiki> | </nowiki>[[General Journal Aids]]<nowiki> | </nowiki>[[Trial Balance Aids]]<nowiki> | </nowiki>[[Statement of Account Aids]]<nowiki> | </nowiki>[[Accounts Receivable Aging Aids]]<nowiki> | </nowiki>[[AR Detailed Report Aids]]<nowiki> | </nowiki>[[AR Transaction Report Aids]]<nowiki> | </nowiki>[[Accounts Receivable Aging Aids]]<nowiki> | </nowiki>[[AP Detailed Report Aids]]<nowiki> | </nowiki>[[AR Transaction Report Aids]]<nowiki> | </nowiki>[[Accounts Payable Aging Aids]]<nowiki> | </nowiki>[[AP Detailed Report Aids]]<nowiki> | </nowiki>[[AP Transaction Report Aids]]<nowiki> | </nowiki>[[Cash Position Aids&action=view|Cash Position Aids]]<nowiki> | </nowiki>[[Check List Aids]]<nowiki> | </nowiki>[[Deposit List Aids]]<nowiki> | </nowiki>[[Collection Register Aids]] | ||
| + | |} | ||
Revision as of 12:14, 3 February 2021
Income Statement
Income Statement Menu
File:Income Statement Menu.png
Income Statement Menu
Income Statement refers to an overview of competitive Income Statements for specific periods. It also shows how profitable the company base on the given period. The income statements gives the user an overview of the revenue, less the expenses and losses.
Income Statement Terms on Oojeema Prime:
- Date Range(Monthly, Quarterly, Yearly) - gives the user a set of date range on how they will view their Income Statement.
- Account - set of accounts included on the Income Statement which mainly compose of Revenue, Cost and Expense.
- Revenue - refers to any income generated from business operations with the inclusion of discounts and deductions for returned merchandise.
- Set of Revenues can be seen in Revenue Tab under Chart of Account Maintenance Module.
- Cost - refers to any value of money that will be used in products or services.
- Gross Income - refers to any amount that the company earns from the sale of goods or services, before any other expenses have been deducted.
- Expense - refers to any type of expenditure that flows through the Income Statement. Expense is deducted to revenue to acquire the business net income.
- Set of Expenses can be seen in Expense Tab under Chart of Account Maintenance Module.