All income reports all provide filters to report on the Entire Fund, Fund or selected member account, for a selected financial year.
12.6.1 Operating Statement
An Operating Statement lists all Income and Expenses, categorized according to type (General Ledger account) and provides a total amount of Benefits Accrued as a Result of Operations.
12.6.2 Operating Statement Comparative
A comparative operating statement is identical to an operating statement except that it compares income for the selected year with the previous financial year (assuming records were kept in Mclowd for the previous year.)
12.6.3 Detailed Operating Statement
Like other Operating Statements, the Detailed Operating Statement lists income and expenses to compute the total Benefits Accrued as a Result of Operations. However, the detailed Income Report provides full details of each income and expense transaction, grouped according to the general ledger account to which they were assigned, and noting the transaction reference number and amount.