Profit and loss
Income, expenses and the result of a period, using the nature of expense method.
Open Finance, Reports, Profit and loss. For German companies the report follows § 275 (2) HGB with the nature of expense method (Gesamtkostenverfahren), with numbered lines from revenue to net income. Other countries use their national layout. The Net income of the period is shown at the top right.
Who can use this
- Owner
- Admin
- Accountant
- Viewer
Steps
1. Choose the period
Set the period and, if you like, a comparison with the previous period or the previous year.
2. Filter by dimension
Choose a cost center or a cost object to see the P&L of one department or project.
3. Drill down
Click a line to show its accounts, and an account to open its ledger.
Fields and options
- Line
The number of the statement line.
- Item
The name of the line, for example revenue or personnel expenses.
- Amount, Comparison, Variance
The value of the period, the comparison value and the difference.
Related
- BWA (business analysis)
A short term income statement in the style of DATEV form 01, month and year to date.
- Cost center analysis
The P&L accounts per cost center or per cost object, as a matrix.