The Income Statement object
The income statement (a.k.a profit & loss statement) is a financial statement that summarizes the revenues, costs, and expenses incurred during a specified period, usually a fiscal quarter or year.
From the Income Statements endpoint, you can retrieve a business's cash or accrual-based income statement at a single point in time since inception. See Income Statements endpoint for more details.
Income Statements Reconstructed
When querying Income Statements through the API, you have the option to include the
reconstruct=trueparameter to receive reconstructed Income Statements.This functionality allows you to get the Income Statements of
Sage Intacct,Sage Business Cloud, andNetsuite.
All income statements are part of an array of reports. See Reports data type for more details on the report structure and its meta-data.
| Field | Type | Description |
|---|---|---|
| section sortable, filterable | string | Railz normalized account classification. See account normalization for more details. |
| subSection sortable, filterable | string | Railz normalized account classification. See account normalization for more details. |
| group sortable, filterable | string | Railz normalized account classification. See account normalization for more details. |
| subGroup sortable, filterable | string | Railz normalized account classification. See account normalization for more details. |
| classification sortable, filterable | string | The classification of an account in the accounting service, e.g. Asset. |
| type sortable, filterable | string | The type of an account in the accounting service, e.g. Fixed Asset. |
| subType sortable, filterable | string | The subtype of an account in the accounting service, e.g. Fixed Asset. |
| account | string | Name of the account. |
| accountId sortable, filterable | string | Identifier for the account, unique for the business in the accounting service. |
| subAccount | string | Name of the subaccount. |
| subAccountId sortable, filterable | string | Identifier for the subaccount, unique for the business in the accounting service. |
| fullyQualifiedName | string | The fully qualified name prepends the topmost parent, followed by each subaccount separated by colons and takes the form of Parent:Account1:SubAccount1:SubAccount2. |
| depth sortable, filterable | string | The hierarchial level of the account in the Accounts list. The highest level accounts are level 1, the lowest is n. This is an example showing account hierarchy: Assets - Level 1 Current Assets - Level 2 Bank Accounts - Level 3 National Bank Account 1 - Level 4 |
| value sortable, filterable | decimal | Value of the report line. |