Tag accounts with an EBITDA category
The report only adds back accounts that have an EBITDA Category. Account type alone does not decide what is included.- Go to Accounting Setup → Chart of Accounts.
- Open the account you want to tag, or create a new one. The EBITDA Category field is only available on accounts with the type Cost of Sales, Expense, or Other Expense.
- In EBITDA Category, select Interest, Taxes, Depreciation, or Amortization. To remove a category, select None.
- Save the account.
Open the EBITDA Income Statement
Go to Reports → Report Center → Financial Statements and select EBITDA Income Statement, or search for “EBITDA” in global search. The report has the same controls as other financial statements (Refresh, Customize, and Save report) plus Summary and Detail tabs.Choose a view
Above the report toolbar, choose one of two views. Both show the same net income and the same EBITDA. Only the layout changes.- Net Income to EBITDA (default): shows the standard income statement. Tagged accounts stay in the Expense section, each labeled with its EBITDA Category. After Net Income, the report adds back Interest, Taxes, Depreciation, and Amortization to arrive at EBITDA. Use this view to reconcile net income to EBITDA.
- EBITDA to Net Income: moves tagged accounts out of the Expense section, so Total Expense is lower. The report shows EBITDA, then lists the tagged accounts under Interest, Taxes, Depreciation and Amortization with a total, and ends at Net Income. Use this view to show EBITDA as a line on the P&L.
View the transactions behind a number
Select the Detail tab to see the transactions behind a number, the same way you would on the standard income statement. Open any account row to see its transactions. The EBITDA row and the Interest, Taxes, Depreciation and Amortization total are calculated and can’t be opened. The view you chose above also applies to the Detail tab.Export or schedule the report
Export the report to Excel (.xlsx) or PDF, or add it to a scheduled report package. Exports and schedules use the view that was selected when you created them. For recurring delivery instead of a one-time download, save the configured report as a custom report and add it to a report package.Limitations
- Adjusted EBITDA is not supported. Only Interest, Taxes, Depreciation, and Amortization are added back.
- Only Cost of Sales, Expense, and Other Expense accounts are included. If an account of another type has an EBITDA Category, for example one set through import or the API, the category shows in the chart of accounts, but the account is not included in the report.