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cfasandiego
Level 2

Why does the Statement of Activity Report show a field of Net Revenue at the bottom instead of Net Income?

 
Solved
Best answer September 20, 2020

Best Answers
MarshallA
Intuit

Why does the Statement of Activity Report show a field of Net Revenue at the bottom instead of Net Income?

Hello,

 

If you have your business set as NON PROFIT, it will change the names of some of the reports.  Normally the report would be called a Profit and Loss but since you have your company set as non-profit, its called Statement of Activity.  Same thing with some of the summary headings on the report. Instead of NET INCOME it will be called NET REVENUE. 

 

You might be able to change the names of those fields though at the top of the report if it gives you the option.

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3 Comments
MarshallA
Intuit

Why does the Statement of Activity Report show a field of Net Revenue at the bottom instead of Net Income?

Hello,

 

If you have your business set as NON PROFIT, it will change the names of some of the reports.  Normally the report would be called a Profit and Loss but since you have your company set as non-profit, its called Statement of Activity.  Same thing with some of the summary headings on the report. Instead of NET INCOME it will be called NET REVENUE. 

 

You might be able to change the names of those fields though at the top of the report if it gives you the option.

View solution in original post

cfasandiego
Level 2

Why does the Statement of Activity Report show a field of Net Revenue at the bottom instead of Net Income?

Oh, that makes sense! Thank you for the prompt response! 

cfasandiego
Level 2

Why does the Statement of Activity Report show a field of Net Revenue at the bottom instead of Net Income?

Oh, that makes sense. Thank you for your prompt reply!

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