Include Schedule Balances on the Statements
Depending on which schedule you select, you will be presented with a number of options to link the schedule totals to the Balance Sheet or Income Statement. These options are found just below the schedule heading.
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Net added/subtracted: The grand total of the schedule is transferred to the specified financial statement section. For example, ‘Net added to cost of sales’ will transfer the schedule’s grand total to the COGS section of the Income Statement.
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Operations: Available only for 1-2 Year Income Statement and 1-9 Column Income Statement with budget. The totals on each section of the schedule are transferred to its corresponding section in the main Income Statement. In the example below Trade Sales and COGS totals from the schedule are transferred to the corresponding sections of the Income Statement.
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Schedule amounts transfer to the Income Statement.
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Exclude from statements (Income Statement): Schedules totals are not transferred to the Balance Sheet or Income Statement.
Additional features - Include Schedules Only
Include schedules only: When a schedule balance is transferred to a section in the Income Statement, that section will have an option to ‘Include schedules only’. This will remove every line item in a section except the balances transferred from schedules. This is more convenient than having to remove the line items individually. Right-click on the express menu to access this option
Include all Balances
Include schedules only
