The Statement of Profit or Loss provides an overview of an organisation's profitability during a selected period.
Data can be viewed monthly or annually.
Monthly data can be compared to accounting budgets or to the other months.
An option lets you display the percentage change when comparing the data.
The percentage change is the difference between two columns.
The Statement of Profit or Loss can be exported to an Excel file.
A companion chart is provided, which you can show or hide by clicking Menu (button) > Hide chart. The structure of the report is determined by the Chart of Accounts.
Navigation
Main Menu > Accounting > Statement of Profit or Loss
This field only appears when more than one branch is set up.
Set
Generates a report for the selected period (e.g. Month, Year, Fin Year (Months)).
← →
Changes the date fields in the direction of the arrows.
Date
Lets you enter custom date filters.
Show
Generates a report for the selected number of months or years (works in tandem with Months).
The field is only active if Set = User Date or Set = Month.
Months
Generates a report for the selected number of months or years (works in tandem with Show).
%
Calculates the percentage change selected from the dropdown list and includes it in the report. Positive changes appear in green. Negative changes appear in red.
The options are:
None: The column does not appear.
Change: Change is calculated based on how much the data in the column on the right differs from the column on the left.
Revenue: The percentage change from the section selected in the setting: Accounting - Profit or Loss: Account used for calculating the Revenue %.
Budget: The percentage change from the selected Budget. Selecting the Budget field returns an error message unless Set = Fin Year (Months) and a Budget is selected from the Budget dropdown list (see Budget field below).
Show all Accounts Checkbox
Check to show all the accounts even those with zero balances.
Budget
Provides a dropdown list with available budgets. The Percentage Change is calculated from the chosen budget (see % field above).
The field only appears when Set = Fin Year (Months).
Series Tab: Check or uncheck the checkboxes to include the sections. All the sections created on the Chart of Accounts in the Statement of Profit or Loss section are available.
Data Group: This tab does not apply to this report.
Options: Set options (e.g. position, orientation) for the Legend, Title, Toolbox and Hints that appear on the chart.
Column Diagram (clickable field that changes according to the selected diagram)
