Income Statement Reporting: Reversing the Sign Rule
Showing Expense Numbers as Positive
Income statement reporting presents challenges when doing BI reporting, because the business requires that both revenues and expenses be shown on the balance sheet as positive numbers. However, debits need to be negative numbers to do rollups correctly. So what’s the solution?
In this short video, the experts from Senturus show you how to solve this problem by using the Reverse the Sign Rule for both standard and ad hoc reports in any general-purpose business intelligence software.
Presented by Senturus CEO and Co-Founder John Peterson.