Profit and loss statement (P&L)

Profit and loss statement (P&L)

The profit and loss statement shows how income and expenses led to the company's results in the selected period.

That's what you use this page for

• The from and to periods determine the result period.
• Income statement groups summarize individual expense and income accounts.
• The preview shows subtotals and period results.
• Proof of accounts enables suspicious amounts to be traced.

Safe process

1. Select the desired period range within a fiscal year.
2. Generate the preview and check the period result.
3. Compare unusual discrepancies with the account sheet and journal.
4. Correct missing groupings in the chart of accounts.

Then check

• All success accounts are assigned, the period is complete and the result is traceable until posting.

Related topics

• BWA
• Chart of accounts
• Account sheet

Frequently asked questions