How to run a comparative income statement? How to set the alternate date range and period in the comparative amount column preferences? I have income statement report displaying current month year. I need to do columns for same period last year in the NetSuite Financial Report Builder.

AI generated answer (using internal Slack threads):

To run a comparative income statement for the same period but for the previous year in NetSuite, you can follow these steps: 1. Navigate to the Financial Report Builder. 2. Select the Income Statement report. 3. In the Columns section, add a new column for the comparative amount. 4. In the Comparative Amount Column Preferences, set the Alternate Date Range and Period to the same period but for the previous year. However, it's important to note that NetSuite may not automatically calculate the differences between individual months. You may need to use two primary columns and set their date ranges as relative to the report date, then set the columns as accounting period to get your desired results. For more detailed instructions, you can refer to this NetSuite SuiteAnswers article: https://suiteanswers.custhelp.com/app/answers/detail/a_id/79077/loc/en_US ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******