Definition of aprofit and loss report Theprofit and loss reportis a summary of the business's income, less its day-to-day running costs, over a given period of time. This report is also known as the 'profit and loss account', 'P&L account' or just 'P&L'. It aims to show whethe...
Profit and loss statements are a vital type of a financial report, but they can only serve your business if you understand how to read and analyze them. Once you understand what all the numbers mean, you can let the insights guide your future decisions to help your business grow and become...
A profit and loss (P&L) statement details the revenue, expenses, and costs from a specific time period to show net profits. Also called an income statement, this financial report spells out whether a business is making a profit or losing money. It can help you understand what helps drive...
Profit and loss statement (definition) A profit and loss statement is a financial report that shows how much your business has spent and earned over a specified time. It also shows whether you’ve made a profit or a loss over that time – hence the name. A profit and loss statement ...
Related to profit-and-loss statement:income statement ThesaurusAntonymsRelated WordsSynonymsLegend: Switch tonew thesaurus Noun1. profit-and-loss statement- a financial statement that gives operating results for a specific period earnings report,income statement,operating statement ...
What is the definition of profit and loss statement?The P&L Statement, also called the Income Statement is one of the three main financial statements, along with the Balance Sheet and the Cash Flow Statement. Broadly speaking, the P&L shows all the company’s income and expenses, but these...
What is loss? Definition A loss is incurred by the seller when a product is sold for less than its cost. Investors and creditors pay close attention when there is a loss for an accounting period since it may indicate that a company’s creditworthiness has declined. This is especially true ...
Definition and Examples of a Profit and Loss Statement A P&L statement, also known as an “income statement,” is a financial statement that details income and expenses over a specific period. This report helps you understand what’s behind a company’s profitability by categorizing revenues and...
A profit and loss statement (P&L), also called anincome statementorstatement of operations, is a financial report that shows a company's revenues, expenses and net profit or loss over a given period of time. The time period can be of any length, but it is usually a month, quarter or...
aallowing Stiebel Eltron access to the premises 允许对前提的Stiebel Eltron通入[translate] apossibility of long term agreement for 5years 长的期限协议的可能性为5years[translate] aGentermen Gentermen[translate] aprofit and loss report for three years 企业经营情况的报告三年[translate]...