Income Summary Report
WP Ever Accounting brings up Reports to show financial activities in a structured manner. Indeed, it gives you all the financial information you need so that you can visualize your business in detail and can keep track of your financial state.
The Reports page summarizes incomes, expenses, and profits separately so that you can get a better idea of where your business is going.
Income Summary
Income Summary shows income line graphs and reports on income only. You will see the report created on the basis of income categories month by month.
For income summary, you can filter out your reports. The filter will be effective for both line graphs and categorical reports.
Suppose, you want to generate a report on an account and want to see a resolution of a certain year. By selecting a year, a complete income summary of that year will generate for the account. Similarly, you can generate a report on one of your customers as well as can filter it out by year, account, and category. Both the line graph and categorical report will change accordingly.
Expense Summary Report
The expense section in WP Ever Accounting shows graphs which are effective for displaying and summarizing expense data. Below the graph, each section yields categorical reports on a monthly basis.
Expense Summary Filter
Like income summary, you can filter out your reports for the expense as well. The filter will be effective for both line graphs and categorical reports.
Suppose, you want to generate a report on an account and want to see a resolution of a certain year. By selecting a year, a complete expense summary of that year will generate for the account. Similarly, you can generate a report on one of your customers and can filter it out by year, account, and category. Both the line graph and categorical report will change accordingly.
Income vs. Expense Summary
In WP Ever Accounting, Income vs. Expense section or Profit Summary section shows profit line graphs and creates reports on profits categorically on a monthly basis.
Profit Summary Report
Like Income and Expense summary sections, you can also filter out your reports for the Profit Summary section. The filter will be effective for both line graphs and categorical reports.
Suppose, you want to generate a report on an account and want to see a resolution of a certain year. By selecting a year, a complete income summary of that year will generate for the account. Both the line graph and categorical report will change accordingly.