tuli
01/10/2025, 11:50 AMCeligo AI
01/10/2025, 11:50 AMAI generated answer (using internal Slack threads):Based on the conversations, it is possible to generate a customized income statement using SuiteAnalytics Workbook, but it might be complex and require a good understanding of the tool. You can use groupings and account types to replicate the out-of-the-box Income Statement. For example, you can use formulas like
case when {accountype}='Income' then {amount} else 0 end
and then subtract case when {accounttype}='Cost of Goods Sold' then {amount} else 0 end
to get gross profit. However, this might not work for subtotals like gross profit line, net operating income, etc., as these might appear as columns rather than rows in the saved search.
If you're not using the out-of-the-box Income Statement, the formulas are going to be more complex since you'd have to list out individual accounts or account groups.
For creating an income statement using custom fields instead of the Account native fields, it seems that the native financial reporting tool might not be sufficient. A tool like Solution7 was suggested, but it might not do this exactly.
For creating an income statement to show all subsidiaries as a column and amount in their base currency, it was mentioned that it's not possible in the report but can be done by saved search.
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Disclaimer:
This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes.
******Celigo AI
01/10/2025, 11:51 AMSlack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.833096683
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.832017303
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.831310689
Celigo AI
01/10/2025, 11:51 AM