Income Statement*

Written by Dana Kinsey

Last published at: May 1st, 2019

The Income Statement (aka Statement of Activities) measures the change in net assets for a specified time period. 

To run a Income Statement:

  • Go to Financials 
  • Select Income Statement from the left menu
  • Select or enter the desired date range. 
  • The statement will generate. 


Once the Income Statement is generated you may: 

  • Change the statement dates by selecting [edit] next to the currently selected date range in the upper left of the statement. 
  • Choose Show Detail from your left menu to get more detail about the Assets, Liabilities and Equity.
  • Select Show SubAcct from the lefthand side of the screen to get information on internal or interfund grants and transfers.
  • Group data via the  drop-down menu in the upper right hand corner of the statement. The dropdown default is "Total."
    • The Budget and Fundbudget options are helpful if you have completed a yearly budget in the system. The statement will show a percentage column with the percent of the actual amount spent compared with the amount budgeted.