Analyzer Ideas

Analyzer Ideas

Correctly show financial information: Show positive sign on Expenses, COGS, Other Expenses.

As a financial dashboard, currently the way that domo display the P&L is incorrect.

In the P&L, the table follows the formula: Total Net Income = Income - Cost of Goods Sold - Expenses + Other Income - Other Expenses in the card. However, all the COGS, Expenses and Other Expenses are showing the negative signs which indicating a false financial meanings to the end users. This may mislead users and potentially lead to the incorrect decisions.

wrong sign for expenses.png
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2 votes

Active · Last Updated

Comments

  • I ran into the same problem, did DOMO ever get back to you on this or did you find other solutions?

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