What is the fundamental difference between the Income Summary Graphic Report by Customer vs. by Account?

jmaurer1 · ‎November 21, 2023

Hi All,

This question is related to my last post, I am comparing the graphic reports (attached) for October and I see that the totals are different for each Income Summary report. Is there an explanation of why the totals are different when this is all Income, what each report shows, and the benefits of utilizing one over the other?

I do notice that the Sub-Total value $120,055.18 on the Income Summary by Account ALMOST matches the October P&L value of $120,032.02. I don't understand why the $ values per account are negative....?

One thing I should mention is that the October P&L was run on 11/2/23 and the Income Summary Reports were run last night 11/20/23 and there have been reconciliation and other transactions since then. Does that matter?

Thanks again for comments to guide me through these great tools!

BigRedConsulting · ‎November 21, 2023

When totaling by account, all income will appear. When totaling by customer, only income associated with customers will appear.

I'm not sure how you got your A/R account to appear. I'm not able to do that. Normally 'by account' will return only income accounts.

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What is the fundamental difference between the Income Summary Graphic Report by Customer vs. by Account?

What is the fundamental difference between the Income Summary Graphic Report by Customer vs. by Account?

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