How to use a custom field on income statement?

Requirement:

we can use a custom field on the income statement. Can you please let me know how?

We don’t want to see the department number and description together on the income statement. So, we are planning to create a custom field for department number and display it on the income statement. Hence, the question.

Do I need to download Financial Report Builder to do it? If so, where should I download it from?

Solution:

This can be done via customization.

High-level steps are

1. Create a custom Body/Line department field (depending on where the department is populated on Transaction Records).
2. Use the appropriate custom formula to populate the custom department naming to the custom field. There is a chance you may need a workflow to do that.
3. Edit the Income Statement and choose the custom Department field.