Income statement accounts
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 |
|
Expense IC |
Sum |
Debit |
|
Income |
Sum |
Credit |
|
Income IC |
Sum |
Credit |
|
Invest income IC |
Sum |
Credit |
|
Invest loss IC |
Sum |
Debit |
|
Other inc-exp IC |
Sum |
Credit |
|
See Also
Concepts
About properties for the Account dimension