Wonderful App
Works like a charm just as described. Thank you for creating. This app has helped my business a great deal.
Archived App
This is an archived listing of the app previously available on the App Store.Although the app is no longer distributed by Apple, you can still view its description, screenshots, version history, ratings, and metadata for reference.
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About
This app helps small to mid-tier businesses manage their finances. It offers tools for creating income statements, balance sheets, financial goals, and profit/loss projections. Easily track financial progress and share reports.
✓Income statement creation
✓Account balance ledger
✓Financial goal setting
✓3-year profit/loss projection
✓Save and reuse financial sheets
✓Email and print financial reports
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What's New in Income Statement
1.0
February 26, 2016
This app has been updated by Apple to display the Apple Watch app icon.
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FAQ
What is Income Statement used for?
Income Statement is a financial bookkeeping and projection application designed for small to mid-tier businesses. It helps users create income statements, manage account balances, set financial goals, and generate profit and loss projections.
What types of income statements does Income Statement offer?
Income Statement provides two formats for income statements: a single-step format where all revenues and expenses are combined, and a multi-step format that calculates Gross Profit and Operating Income separately.
Can I track my business's financial progress over time with Income Statement?
Yes, Income Statement allows you to save and reuse your income statements and other financial sheets. This enables you to monitor and track your business's financial progress over time.
How can I share financial reports from Income Statement?
You can easily share your financial statements by tapping the email option to send them instantly. Alternatively, you can save them locally, email them, or print them directly from the app.
What kind of projections can I create with Income Statement?
Income Statement allows you to create a 3-year profit and loss projection for businesses that provide services, sell goods, or do both. It also helps estimate the financial impact of improving savings on net income over 5, 10, and 20 years.
Is Income Statement suitable for all types of businesses?
Income Statement is specifically designed for service and retail businesses, and is suitable for the needs of small to mid-tier enterprises. Its elegant design and simple interface make it easy to use.
What are the supported devices for Income Statement?
Income Statement is available for iPhone, iPad, and iPod devices.
How often is Income Statement updated?
Income Statement was last updated on February 26, 2016, with version 1.0. The initial release date was also February 26, 2016.
