Lab Exercise: Reporting - Financial Statements

Refer to: Financial Statements

How to Create Reporting - Financial Statements Video

Now that you have created several different types of transactions in our CBOS 101 lab exercises, its time to look at the financial posting data that was generated from these transactions. 

In order to do so, we will review Financial Reports, GL Journal Entry Reports, Accounting Fact Details Reports, and Dash Board reporting. 

Let’s begin by looking at an Income Statement report located within the Financial Reports application window. 

As a reminder, the steps to follow are:

1. Navigate to Financials > Reports > Financial Reports
2. Select the Income Statement report and then click on the gray Create Report button to enter the report parameters 
3. The report results will open up in the HTML format 
4. Click on the amount column for any posting account to drill down to the supporting detail
5. Click on any document number to drill down to that actual document
6. Navigate back to the report by clicking on the Report: Income Statement tabbed window
7. Select and view the PDF format for your report
8. Select and view the formatted report in Excel