Qoyod
Pricing

 Knowledge Base

Why the Income Statement Shows No Numbers

Here is an explanation of why the income statement appears without numbers:

  • The Selected Financial Period

    • Verify the selected period through the Advanced Analysis option.

    • The start date and end date must match the period for which you want to display results.

    • Selecting an incorrect period directly results in an empty report.

  • No Transactions During the Period

    • If no sales or expenses are recorded within the selected period, the income statement will appear without numbers.

    • This is normal system behavior and not an error.

  • Classification of Accounting Accounts

    • Transactions must be linked to Revenue and Expense accounts.

    • The income statement displays only Revenue and Expense accounts.

    • If transactions are recorded under accounts not classified as Revenue or Expense, their figures will not appear in the income statement even if transactions exist.

  • Closing the Financial Year

    • When closing the financial year, the system creates a closing entry on the last day of the year.

    • This entry closes all Revenue and Expense accounts and transfers the net profit or loss.

    • After closing, no revenues or expenses will appear in the income statement.

    • The closing entry can be reviewed through the Journal by the date of the last day of the financial year.

  • Reviewing Data Before Closing

    • To review revenues and expenses before closing, you must extract the income statement for a date prior to the closing date.

Illustrative Example:

  • If the financial year closing date is 31 / 12 / 2025

  • You can extract the income statement for the period from 01 / 01 / 2025 to 30 / 12 / 2025

  • This way, all revenues and expenses will appear before the closing entry is created, allowing you to review financial performance correctly and clearly.

مركز المساعدة

لم تجد ما تبحث عنه؟

لا تقلق، لدينا المزيد من أدوات المساعدة.

ندوات مباشرة يقدمها فريق قيود لمساعدتك في استخدام البرنامج بسهولة والرد على أسئلتك.

تعرّف على أحدث تحديثات فيود والتحسينات المستمرة والخصائص الجديدة في مكان واحد.

فريقنا جاهز لمساعدتك وتقديم الدعم الفوري لأي مشكلة تواجهها على مدار الساعة