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NSC | Add a Gross Margin % row on Income Statement Report
Customer would like to add some calculation to the standard income statement report such as the Gross Margin %. Financial Statement ratio analysis provides significant information to users of accounting information regarding the performance of the business.
Solution:
1. Navigate to Reports > Financial > Income Statement
2. Click Customize
3. Click Edit Layout tab
4. On the Add Row/Section... field and select Add Formula Row
Set the following:
- Formula Label = Gross Margin %
- On the Format section: Unmark Show Currency
- Enter "%" on the Suffix field
- On the Formula section table, input the following:
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Clarisa De Torres | Ask a Guru
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