Profitability (Financial Statement) Overview Profitability (Financial Statement) Overview
The Financial Statement Overview screen is accessible by clicking on the YTD Profitability field on the Company Overview screen. This screen displays a detailed financial statement for the company.
This window contains a representation of the Financial Statement for whatever Fiscal Period is currently selected. To view a financial statement for a different period, simply select a new Fiscal Period from the drop-down list box. Each line item from the financial statement is listed with its Month to Date and Year to Date balances for the selected period. Items with a 
icon can be viewed in more detail by Expanding the line item.
Click on an Account Balance line item and the GL Accounts that make up the displayed amounts are listed in the box on the right hand side of the window. Expand the line item, and the list of included accounts appears below the line item, each with its own Month to Date and Year to Date fgures. If one of these accounts is highlighted, all the transactions that make up the Month to Date balance of the account are displayed in the list box on the right hand side of the window. Detail for any of these transactions can be displayed by double-clicking the transaction or by highlighting the transaction and clicking the View Transaction Details button.
Transaction Filter (set of radio buttons)
Use these radio buttons to filter the transactions shown in the right-hand list box when an account is highlighted in the left-hand list box.
Selected Fiscal Period (radio button)
If this button is selected, the transactions in the list will include only transactions posted to the Fiscal Period selected at the bottom of the window.
YTD as of Selected Fiscal Period (radio button)
If this button is selected, the transactions in the list will include only transactions posted to the same year as the Fiscal Period selected at the bottom of the window.
All Transactions (radio button)
If this button is selected, the transactions in the list will include all transactions posted to the highlighted GL Account, regardless of when they were posted..
Click on a Totaling line item and the line items that are included in the total are listed in the box on the right hand side of the window. Expand the line item, and the list of included line items appears below the Totaling line item, each with its own Month to Date and Year to Date fgures.
Expand All and Contract All (buttons)
Use these buttons to either expand or contract all the Account Balance and Totaling line items in the list box.
Print Financial Statement (button)
The Print Financial Statement button prints either a Balance Sheet or an Income Statement depending on the selected tab. For more information, see Financial Statement Printing.
Print Subsidiary Schedule (button)
The Print Subsidiary Schedule button prints either a Balance Sheet or an Income Statement for a specific fiscal period depending on the screen. For more information, see Subsidiary Schedule Printing.
The statement profit figures can be modified during financial statement printing by including over- and under-billing information. To see how these adjustments would affect the bottom line for the selected period, click this button. The following window will appear:
Net Profit from Income Statement
The Net Profit, according to the actual figures on the Income Statement, will be automatically displayed.
Under Billings (Asset) for Current Jobs
The system will automatically calculate the amount of Under Billings and place that amount in the Computed field. If this amount should be adjusted, enter the desired amount in the User-Supplied field.
Over Billings (Liability) for Current Jobs
The system will automatically calculate the amount of Over Billings and place that amount in the Computed field. If this amount should be adjusted, enter the desired amount in the User-Supplied field.
Difference (Under Billings Less Over Billings)
The difference between Under Billings and Over Billings will be calculated.
Net profit Including Over/Under Billings
This is the adjusted Net Profit, the sum of the Net Profit from Income Statement and the Difference.
Close (button)
This button closes the screen and returns to the previous screen.