In Sage 300 ERP, One tool for estimating and assessing a company’s revenue and expenses is a budgeted income statement, often known as a budget income statement. Many businesses use it as a planning tool when they draft and complete their yearly budgets at the start of the fiscal year. One technique to summarize the current condition of affairs is through financial statements. Budgets are a means of forecasting the results of decisions.
A budget may include projected sales and revenue figures, time, money, and other resource amounts, as well as environmental effects like greenhouse gas emissions and other effects, assets, liabilities, and cash flows. The planning, distribution, and distribution of financial resources are all part of the fiscal systems or procedures that include accounting and budgeting. This leads to a link between these two fiscal disciplines and the necessity of coordination between them.
In this blog, we are going to discuss working of Income Statement report for Budget Accounts. The report will export all the data regarding budgets accounts. To organize the data as per the user’s requirement we have provided the filters on the Fiscal Year and Period. User needs to define the output file name and above-mentioned filters to get required results upon clicking of export button.
Please refer below screenshot of the user interfaces for the “Income Statement Report for Budget Account”.
New Stuff: – Sage 300 User Screen: Understanding the Password Never Expire Functionality.
The report will be exported in selected folder as an excel file-based format with parameter as of from & To Fiscal Year and Period.
Below is the screenshot of excel-based generated output of the “Income Statement Report for Budget Accounts” report: –
This report includes following fields and can be modified according to requirement.
- Account Code
- Company Name.
- Company Address.
- Natural Account.
- GL Account Number.
- GL Account Description.
- Period Code.
- Amount.
In this way user can easily fetch the required Budget Accounts data which serves the purpose of this utility. We can also customize this report output with required additional fields.
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