Profit and Loss Report Report

This section describes the fields and descriptions on the Profit and Loss report.

The Profit and Loss report displays the financial postings of all profit and loss accounts, summarized for selected periods.

The report has the following tabs:

• One tab compares the periodic amounts to the year-to-date amounts.
• One tab compares the periodic amounts to the amounts from the previous year.

The report compares all actuals with budgeted amounts, based on a budget model. If you need to compare current amounts with a previous year, you should also select the budget model for that year.

Your specified reporting structures determine the format of account headers and subtotals on the report. You can display amounts in account, company, or enterprise currency, or using a selected reporting currency. Amounts are grouped by currency and company.

The report corresponds to the Print dialog box's Print Balance Overview option using the Result layout.

• The Actuals columns link to the Finance Transactions report.
• The Account column links to the Accounts workspace. The link is based on the account number (for example, 10010).
• The Company title links to the Companies workspace.

Note: The year-period restrictions provided in the report vary according to fiscal periods. If you are working with odd fiscal years, these restrictions are different from the year-month restrictions applied in the corresponding Maconomy client report because that report works in calendar months.

Column	Description
Account	This column displays the account number and name, as well as headers and corresponding subtotal labels that outline the account structure.
Period, Actuals	This column displays the total amount posted to each account for the selected periods.
Period, Budget	This column displays the total amount budgeted for each account for the selected periods.
Period, Variance	This column displays the difference between the actual amount and the budgeted amount for each account for the selected periods.
Period, %	This column displays the difference between the actual amount and the budgeted amount in percentages for each account for the selected periods.
YTD, Actuals	This column displays the total amount posted to each account for the year-to-date range. The year-to-date range includes the fiscal periods from the beginning of the current year to the current fiscal period.
YTD, Budget	This column displays the total amount budgeted for each account for the year-to-date range. The year-to-date range includes the fiscal periods from the beginning of the current year to the current fiscal period.
Period, Variance	This column displays the difference between the actual amount and the budgeted amount for each account for the year-to-date range. The year-to-date range includes the fiscal periods from the beginning of the current year to the current fiscal period.
Period, %	This column displays the difference between the actual amount and the budgeted amount (as percentages) for each account for the year-to-date range. The year-to-date range includes the fiscal periods from the beginning of the current year to the current fiscal period.

Prompt

Prompt Title	Description	Mandatory
Use Natural Sign	Answering this prompt should restrict to display financial figures with a natural sign.	Yes