Document type

Intelligent Income Statements Processing

Extract and analyze revenue, expenses, and profit metrics from income statements with superior accuracy for comprehensive financial reporting.

99.4%Accuracy

90%Time Saved

24/7Processing

Processing Steps

How to Process income-statements

Follow these simple steps to extract data from your income-statements

Upload your income statement in any document format

AI identifies the format and structure of your statement

Extract all revenue, expense, and profit figures with high accuracy

Verify calculations and ensure financial consistency

Extracted Data

ParseIQ automatically extracts and validates these fields from your documents

Field Name	Type	Required	Description	Example
companyName	string	Yes	Name of the company or organization	N/A
reportingPeriod	string	Yes	Time period covered by the income statement	N/A
startDate	date	Yes	Start date of the reporting period	N/A
endDate	date	Yes	End date of the reporting period	N/A
currency	string	Yes	Currency used in the financial statement	N/A
revenue	number	Yes	Total revenue or sales	N/A
revenueBreakdown	object	No	Breakdown of revenue by source or category	N/A
costOfGoodsSold	number	No	Cost of goods sold or services provided	N/A
grossProfit	number	Yes	Gross profit (revenue minus cost of goods sold)	N/A
operatingExpenses	object	Yes	Breakdown of operating expenses (salaries, rent, utilities, etc.)	N/A