Income Statement Report
The standard Income Statement includes the following rows:
- Ordinary Income/Expense (header row)
- Income (financial section)
- Cost of Sales (financial section)
- Gross Profit (formula row)
- Expense (financial section)
- Net Ordinary Income (summary row)
- Other Income and Expenses (header row)
- Other Income (financial section)
- Other Expenses (financial section)
- Net Other Income (summary row)
- Net Income (formula row)
Header and summary rows are linked. Each summary row is calculated either through a sum of child row amounts or through a specified formula. The Net Income row is a formula row that sums Net Ordinary Income with Net Other Income.
Balance Sheet Report
The standard Balance Sheet includes the following rows, which correspond to account types
- ASSETS (header row)
- Current Assets (header row)
- Bank (financial section)
- Accounts Receivable (financial section)
- Unbilled Receivable (financial section)
- Other Current Asset (financial section)
- Total Current Assets (summary row)
- Fixed Assets (financial section)
- Other Assets (financial section)
- Current Assets (header row)
- Total ASSETS (summary row)
- LIABILITIES & EQUITY (header row)
- Current Liabilities (header row)
- Accounts Payable (financial section)
- Credit Card (financial section)
- Other Current Liability (financial section)
- Total Current Liabilities (summary row)
- Long Term Liabilities (financial section)
- Equity (header row)
- Equity (financial section)
- Retained Earnings (header row)
- Total Retained Earnings (summary row)
- Net Income (referenced row from Income Statement)
- Cumulative Translation Adjustment (financial section)
- (OneWorld accounts with multi-currency enabled only)
- Total Equity (summary row)
- Current Liabilities (header row)
- Total LIABILITIES & EQUITY (summary row)
Header and summary rows are linked. Each summary row is calculated either through a sum of child row amounts or through a specified formula. Standard section data are selected based on account type and are grouped by accounts.
Cash Flow Statement Report
This report includes activities that affect the cash balance during the selected time period, including operating, investing, and financing activities. Operating activities begin with the net income amount referenced from the Income Statement, and include adjustments for changes in account balances that affect available cash. Amounts for all of the activities are summed to arrive at the net change in cash for the period.
The standard Cash Flow Statement includes the following rows:
- Operating Activities (header row)
- Net Income (referenced row from Income Statement)
- Adjustments to Net Income (header row)
- Accounts Receivable (financial section)
- Unbilled Receivable (financial section)
- Inventory Asset (financial section)
- Other Current Asset (financial section)
- Accounts Payable (financial section)
- Payroll Liabilities (financial section)
- Sales Tax Payable (financial section)
- Other Current Liabilities (financial section)
- Total Adjustments to Net Income (summary row)
- Total Operating Activities (summary row)
- Investing Activities (header row)
- Fixed Asset (financial section)
- Other Asset (financial section)
- Total Investing Activities (summary row)
- Financing Activities (header row)
- Long Term Liabilities (financial section)
- Opening Balance Equity (financial section)
- Other Equity (financial section)
- Total Financing Activities (summary row)
- Net Change in Cash for Period (formula row)
- Cash at Beginning of Period (referenced row from Cash Statement)
- Effect of Exchange Rate on Cash (financial section)
(OneWorld accounts with multi-currency enabled only) - Cash at End of Period (formula row)
Header and summary rows are linked. Each summary row is calculated either through a sum of child row amounts or through a specified formula. Standard section data are selected based on account type and are grouped by accounts.
For NetSuite OneWorld with multi-currency enabled, consolidated cash flow statement reports include an Effect of Exchange Rate on Cash row. This row adjusts for the effects of rate differences in cash flow statement accounts for the period. This adjustment ensures the cash flow statement’s Cash at End of Period is consistent with the balance sheet’s Bank or cash equivalent. This row is a calculated amount that accounts for the related amount in the Cumulative Translation Adjustment (CTA) account used in the consolidated balance sheet. Generally, no postings are made for exchange rate adjustment amounts included in this row. Exchange rate adjustment postings, when they do occur, are made to the CTA account. The adjustment calculated for the Effect of Exchange Rate on Cash row adds or subtracts any CTA amount as necessary.