ZigaForm version 5.5.1

Income Statement – Overhead Allocated Does Not Match

By |2021-08-10T15:01:03-05:00August 10th, 2021|Comments Off on Income Statement – Overhead Allocated Does Not Match
Print Friendly, PDF & Email

Q: Why is my Income Statement and Executive Summary reports different than my Income Statement – Overhead Allocated report?


The standard (GAAP compliant) Income Statement report and the (non-GAAP) Income Statement – Overhead Allocated reports will likely never match one another. That is normal.

The reason is that the “Income Statement – Overhead Allocated” uses a calculation method (based on your OH Allocation selection for each expense type in COA) to “best guess” overhead for that expense. In addition, this report does not consider any expense item type that does not have an overhead allocation method selected.

The standard Income Statement reports all use actual values.

Share This Story, Choose Your Platform!

About the Author:

HVAC Electrical Plumbing Software

Aptora delivers a true All-In-One services software solution including CRM, accounting, payroll, inventory, vendors, sales, marketing, dispatch, flat rate pricing, and more. NO 3rd party plugins or integrations required. Created by contractors for contractors, we know what it takes to grow your services-based businesses.


Sign-up to get the latest news and update information. Don’t worry, we won’t send spam!

Go to Top