P&L groups

P&L groups

Income statement groups structure income and expense accounts into a readable picture of how earnings are generated.

Why this point is crucial for key users

The profit and loss statement shows not only the result, but why it was created. A good grouping makes this cause visible.

Fields and settings at a glance

• Name: Name of the income statement item or group.
• Level: Hierarchical depth.
• Parents: Higher-level position in the P&L structure.
• Sorting order: Order in the report.

How to prepare for the process safely

1. Define the desired result structure.
2. Create main groups and subgroups.
3. Completely allocate income and expense accounts.
4. Compare test P&L, account balances and annual results.

Check before sharing

• All success accounts appear in the correct place.
• Subtotals and signs are plausible.
• The reported result corresponds to the financial accounting.

What your team gets out of it

The P&L turns from a block of numbers into a clear explanation of company performance.

Related topics

1. For key users – understand and prepare processes › Finance › Preparation of financial reports › Balance sheet groups
2. For key users – understand and prepare processes › Finance › Preparation of financial reports › BWA groups

Frequently asked questions