replicate the income statement using a saved search, need the net income to be balanced as the amount filed not giving all the details some amounts are missing

AI generated answer (using internal Slack threads):

To replicate the income statement using a saved search and balance the net income, you need to consider the account types and their corresponding amounts. Here's a general approach: 1. Create a new Transaction Saved Search. 2. In the criteria, include the following: - Period is This Fiscal Year - Account Type is Other Income, Other Expense, Income, Expense, COGS - Posting is Yes - Subsidiary is Sub A (or whichever subsidiary you're interested in) 3. In the results, group by Period and sum the Amount. This will give you the net income/loss. 4. You can also add a formula to calculate the total corporate tax. For example, you can use a CASE statement to conditionally sum the amount based on the tax account. However, replicating the subtotals like gross profit, net operating income, etc., in a saved search can be challenging. You might be able to achieve this by using formulas and groupings based on account types. For example, you can use a formula like

case when {accountype}='Income' then {amount} else 0 end

and subtract

case when {accounttype}='Cost of Goods Sold' then {amount} else 0 end

to get gross profit. Please note that this approach might not work perfectly if there are foreign exchange impacts or if you're not using the out-of-the-box Income Statement. In such cases, you might need to use the FX Amount field and create more complex formulas. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******