Are you familiar with the Income Statement Profit Plan format? Would it be helpful to view the Firm's income and expenses over a 12-month based period?
In LMS+, three Profit Plan reports are available for display (and exporting!):
- All Budget: Month 1 – month 12 based on budgets (displaying the budgets
for the entire year regardless if they’ve transpired or not)
- Actual/Budget: Month 1 – month 12 actual amounts (including zeroes for the
months that have not transpired yet). Each month, the actualized amount
replaces the budgeted amount.
- All Actual: Actual for the months that have transpired and budgets for the remaining months
Would any of the above views be beneficial to your Firm?