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P&L Statement – how is the company doing?

The Annual P&L Summary page shows the company's revenue, expenses and result by month, based on confirmed bookings, with a VAT summary at the bottom.

The P&L (profit and loss) statement shows how much the company earned and spent – by month, for the selected year. The figures come from confirmed bookings, excluding opening balances and year-end closing entries.

What is it for?

  • See revenue and expenses for each month at a glance.
  • Spot a cost category that is unusually high.
  • The Total column covers the whole year.

The rows

  • 1. Net sales revenue – income from sales, excluding VAT.
  • 2. Mediated services (cost of goods sold) – the purchase value of resold services and goods.
  • 3. Other income (financial operations) – e.g. interest and exchange-rate gains.
  • 7. Material expenses – materials, services used, subcontractors.
  • 8. Personnel expenses – wages and contributions.
  • 9. Depreciation – depreciation of tangible assets (machinery, equipment).
  • 10. Other expenses – e.g. exchange-rate losses.
  • A. Operating result – revenue minus expenses.
  • E. Profit before tax
  • 11. Tax liability
  • F. After-tax result – the bottom line.

Row names appear in Hungarian, following the Hungarian accounting format. Click a row to see which ledger accounts make up the amount, month by month.

Views and export

  • Quarterly – quarter columns instead of months.
  • % – each value also as a percentage of that period's net sales.
  • vs [previous year] – last year's amounts and the change in percent.
  • The export menu saves the P&L to Excel, a version compared with the plan (P&L vs Budget), and the VAT summary (VAT export).

If an income or expense account has no P&L category, its amount is left out – a yellow warning points this out, with an Open Chart of Accounts link.

Accountant data: for closed months with an approved accountant reconciliation (🔒), the statement shows your accountant's figures. Tick Show own data to switch back to your own bookings.

VAT Summary (at the bottom)

  • Input VAT (deductible) – VAT on incoming invoices.
  • Output VAT (payable) – VAT charged on outgoing invoices.
  • VAT Position – the difference: positive means payable, negative means reclaimable.