Income vs Expense

Income vs Expense page is located under Reports > Income vs Expense menu. This report give you as a business owner a good idea of where your business profit stands, month by month and categorised.

The report is displayed under the default currency. Invoices, revenues, bills, and payments created under a different currency will be converted based on the currency rate at the time they were created.

All: Gives you the Accrual Flow summary which means it will combine the Paid and Upcoming summaries.

Paid: Gives you the Cash Flow summary that shows the funds moving in and out of your accounts based on the actual date of payment.

Upcoming: Gives you the Upcoming Flow summary that shows the funds that have not been paid, yet.

income expense summary

You may select the fiscal year and filter the paid, upcoming and all profit.

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