Interest expense in the financial statements
Interest expense is an income-statement line item: a total for a period, with a debit balance in the ledger.
Interest expense in Business Central
How the accounts are selected
- Category Interest Expense (34) and every category below it
1 posting account in total.
Posting accounts
- 60001 TOTAL EXPENSES
- 67000 Banking and Interest
Metrics using interest expense
- Interest Coverage Ratio: EBIT ÷ Interest expense