The quick answer
Run the Income Statement and click Customize to open the Financial Report Builder. A formula row can only point at other rows of the report, not at an account, so the interest account needs a row of its own first. Add a financial section filtered to that account, then add formula rows below Net Income that point at Net Income and at the new section. The new section takes the account out of the Expense section, which makes Net Income go up by the interest amount. Fix that by adding + [Interest Expense] to the Net Ordinary Income formula, then check that Net Income matches the standard report.
The screenshots show sample data. Person and operating-company names are fictional. Use your own accounts and amounts when following the steps.
Before you start
You need a role with permission to customize the Income Statement. Being able to run the report isn't enough. The example uses the Administrator role, the period Jul 2026, and the subsidiary context Example Supply Co. (Consolidated). Interest is posted to one account, 6720 - Interest Expense, with $4,160.00 for the month. If your interest goes to several accounts or subaccounts, the section filter has to include all of them.
The block you build here repeats Net Income and lists interest as the first add-back. It's the start of an EBITDA bridge and doesn't calculate an EBITDA total. Depreciation, amortization and income tax can follow the same pattern, but check which section each account sits in and how its amount is signed before you copy it. "Adjusted" EBITDA also needs adjustments your company has defined. The steps below only use Preview, so the layout isn't saved until you click Save at the end.
01. Run the standard Income Statement
Go to Reports > Financial > Income Statement. In the footer, Period is Jul 2026 and Subsidiary Context is Example Supply Co. (Consolidated). Interest sits inside the Expense section: 6720 - Interest Expense is $4,160.00, Total - Expense is $75,610.00, and Net Income is $50,640.00.
Write that Net Income down. The customized report has to end up with the same number.
02. Open the Financial Report Builder
Click Customize in the footer. The Financial Report Builder opens on the Edit Layout tab. The Layout tree on the left lists the report's rows: Ordinary Income/Expense with Income, Cost Of Sales, Gross Profit and Expense under it, then Net Ordinary Income, Other Income and Expenses, and Net Income. The right side shows the settings of whichever row you select.
Here the first header, Ordinary Income/Expense, is selected when the builder opens. Its Summary Row Calculation shows the formula that matters later: [Net Ordinary Income] = [Gross Profit] - [Expense]. That's the standard layout. If your layout was customized before, check what your formula says.
03. Add the EBITDA Add-backs text row
Click Net Income in the Layout tree. Open the Add Row/Section... dropdown and choose Add Text Row. New rows go in above the selected row, so it lands above Net Income. In Text, replace New Text Row with EBITDA Add-backs. Then click the down arrow beside Add Row/Section... to move it below Net Income.
04. Repeat Net Income in the block
With EBITDA Add-backs selected, choose Add Row/Section... > Add Formula Row, then click the down arrow so the new row sits below EBITDA Add-backs. In Formula Label, enter Net Income.
In the Formula grid, set Type to Row and Value to Net Income, then click Add. The line above the grid reads [Net Income] = [Net Income]. Click B under Format to turn off bold, so the block reads as detail under the real Net Income line.
05. Give interest expense its own section
A formula row can't point at 6720, so give the account a row of its own. Click Expense in the Layout tree and choose Add Row/Section... > Add Financial Section. In the New Section Row dialog, keep Create New Section and click OK. The section goes in above Expense, and its Child Of is Ordinary Income/Expense. Child Of only offers header rows, so you can't nest the new section under Expense.
In Header Label, enter Interest Expense. Clear the Display Row box next to Total Label, so the section shows its account line without a total line under it.
Scroll down to the Section subtab. Set Filter to Account Name. A Filter popup opens with a list of account names. Select Interest Expense and click OK. The list doesn't show account numbers, so make sure the name belongs to the account you mean. If two accounts share a name, or accounts get renamed, filtering by Account Number is safer.
The filter grid now has one line, Account Name, is Interest Expense. In the Layout tree the new section shows as Interest Expense, above Expense.
06. Repeat Interest Expense in the block
Click the Net Income formula row you added in step 4, the last row of the Layout tree, choose Add Row/Section... > Add Formula Row, and click the down arrow so the new row is last. In Formula Label, enter Interest Expense. Set Type to Row and Value to Interest Expense, the section you just made, and click Add. Turn off B again.
07. Preview and compare Net Income
Click Preview. The report runs with your unsaved layout under the title Custom Income Statement. The Interest Expense section lists 6720 - Interest Expense ($4,160.00), and EBITDA Add-backs shows Net Income and Interest Expense below the real Net Income.
Now compare it with step 1. 6720 is gone from the Expense section. Total - Expense dropped to $71,450.00 and Net Income is $54,800.00 instead of $50,640.00. The report is overstating profit by exactly the interest you wanted to repeat.
This happens because a financial section takes the accounts it matches out of the other sections of the layout. Nothing changes in the ledger, but the report now shows 6720 only in its new section. Net Ordinary Income is still [Gross Profit] - [Expense], and nothing in that formula includes the new section, so the interest drops out of the math.
08. Add the section to Net Ordinary Income
Click Return To Customization. Your changes are still there. Click Net Ordinary Income in the Layout tree. Under Summary Row Calculation, Apply a Formula is selected.
In the formula grid, set Operator to +, Type to Row and Value to Interest Expense, then click Add. The formula line reads [Net Ordinary Income] = [Gross Profit] - [Expense] + [Interest Expense].
Plus looks wrong for an expense, but it's right here. In this report the section shows the interest as a negative amount, ($4,160.00), and formulas use that signed value. Adding a negative number takes the interest off Net Ordinary Income again.
Keep that sign in mind if you later add an EBITDA total. Adding back interest means subtracting the negative row, as in [Net Income] - [Interest Expense]. The + here only puts the interest back where the standard report had it.
09. Preview the finished report
Click Preview again. Net Income is back to $50,640.00, the same as the standard report. Total - Expense stays at $71,450.00, because 6720 now lives in its own section. EBITDA Add-backs repeats Net Income $50,640.00 and Interest Expense ($4,160.00).
Check the result (example values)
- Net Income is $50,640.00, the same as the standard Income Statement for the same period and subsidiary context.
- 6720 - Interest Expense ($4,160.00) is in the Interest Expense section and no longer in Expense.
- Total - Expense is $71,450.00.
- EBITDA Add-backs shows Net Income $50,640.00 and Interest Expense ($4,160.00).
Everything so far is a preview. Click Save in the builder when the numbers check out. Saving stores a saved report with its own row layout. Check its audience before other people use it, and remember that each person still sees only the data their role and subsidiary access allow.
Common questions
Can a formula row point at an account directly?
No. A formula row calculates from other rows of the report, or from constants. To use one account in a formula, put it in its own financial section first, filtered by Account Name or Account Number, and then point the formula row at that section.
Why did Net Income change after I added a financial section?
The new section takes the accounts it matches out of the other sections of the layout. In the example, 6720 left the Expense section, so Total - Expense dropped from $75,610.00 to $71,450.00 and Net Income rose from $50,640.00 to $54,800.00. Net Ordinary Income is [Gross Profit] - [Expense], which doesn't include the new section until you add it.
Why does the Interest Expense section show a negative amount?
In this report an expense section outside the Expense section shows its amount as negative, here ($4,160.00). Formulas use that signed value. That's why the repair is + [Interest Expense]: adding a negative amount takes the interest off Net Ordinary Income again.
How do I add depreciation, amortization, taxes and an EBITDA total?
Use the same pattern for each group of accounts: a financial section filtered to those accounts, a formula row in the add-back block, and the section added to whichever summary formula it left. A total needs the sign handled, because the add-back rows are negative. For interest alone that's [Net Income] - [Interest Expense], or you can show add-back rows as positive with Reverse Sign and add them.
How do I hide a section's total line?
Select the section and clear the Display Row box next to Total Label. The account lines still show, and formula rows can still point at the section.
Does Preview save the customized report?
No. Preview runs the report with your unsaved layout, and Return To Customization takes you back with your edits intact. Nothing is kept until you click Save.