Income statement accounts

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In Planning Business Modeler, the Income Statement account classification includes account types that appear in Income Statement reports. An Income Statement financial report shows the financial status of an organization over time. Income Statement reports include account types such as Income, Expense, and Revenue.

Members with this account type have a TimeBalance attribute of Sum. That is, the aggregation value of a member is the sum of the values of its child members.

The following table describes the account types that appear on Income Statement reports. For definitions of properties listed in the table, see About the Account dimension.

Account type TimeBalance attribute Debit/credit attribute Associated member properties

Expense

Sum

Debit

  • Consolidated = TRUE

  • Converted = TRUE

Expense IC

Sum

Debit

  • Consolidated = TRUE

  • Converted = TRUE

  • IC = TRUE

Income

Sum

Credit

  • Consolidated = TRUE

  • Converted = TRUE

Income IC

Sum

Credit

  • Consolidated = TRUE

  • Converted = TRUE

  • IC = TRUE

Invest income IC

Sum

Credit

  • Consolidated = TRUE

  • Converted = TRUE

  • IC = TRUE

Invest loss IC

Sum

Debit

  • Consolidated = TRUE

  • Converted = TRUE

  • IC = TRUE

Other inc-exp IC

Sum

Credit

  • Consolidated = TRUE

  • Converted = TRUE

  • IC = TRUE

See Also

Concepts

About properties for the Account dimension

Other Resources

About the Account dimension