Profit & Loss Report

Overview

The Profit & Loss Report shows a business’s financial performance over a specific time period. It summarizes revenue, expenses, and the resulting profit or loss.

Report Structure

The Profit & Loss report follows a standard income statement format:

Revenue
− Direct Costs (COGS)
─────────────────────
= Gross Profit

− Operating Expenses
─────────────────────
= Operating Profit

+ Finance Income
− Finance Costs
─────────────────────
= Profit Before Tax

− Income Tax
─────────────────────
= Net Profit

Summary Metrics

All values are in cents (divide by 100 for display).

Field	Calculation
`net_revenue_cents`	Sum of Revenue accounts
`total_operating_income_cents`	Net revenue + Other Operating Income
`gross_profit_cents`	Total operating income − Direct Costs
`total_operating_expenses_cents`	Sum of Operating Expense accounts
`operating_profit_cents`	Gross profit − Operating Expenses
`profit_before_tax_cents`	Operating profit + Finance Income − Finance Costs
`net_profit_cents`	Profit before tax − Income Tax

Detail Levels

Summary
Detailed

Returns only the calculated totals.

GET /v1/.../reports/profit-and-loss/?detail_level=summary

Best for dashboards and high-level views.

Returns totals plus line item breakdown by account subtype.

GET /v1/.../reports/profit-and-loss/?detail_level=detailed

Best for detailed financial analysis.

Account Subtypes

When detail_level=detailed, each subtype group contains individual account line items:

Subtype Group	Description
`revenue`	Sales, service income
`other_operating_income`	Miscellaneous operating income
`direct_costs`	Cost of goods sold
`operating_expenses`	Rent, salaries, utilities, etc.
`finance_income`	Interest earned, investment gains
`finance_costs`	Interest expense, bank fees
`income_tax`	Corporate tax expense

Example Response

{
  "business_id": "550e8400-e29b-41d4-a716-446655440000",
  "start_date": "2024-01-01",
  "end_date": "2024-12-31",
  "currency": "GBP",
  "detail_level": "summary",
  "summary": {
    "net_revenue_cents": 50000000,
    "total_operating_income_cents": 52000000,
    "gross_profit_cents": 35000000,
    "total_operating_expenses_cents": 20000000,
    "operating_profit_cents": 15000000,
    "profit_before_tax_cents": 14500000,
    "net_profit_cents": 11600000
  }
}

Get Profit & Loss Report

Retrieve Profit & Loss for a date range

Get Profit & Loss Trends

Periodic Profit & Loss data over time

Managing Businesses

Importing Business Activity

Financial Reports

Overview

Report Structure

Summary Metrics

Detail Levels

Account Subtypes

Example Response

Get Profit & Loss Report

Get Profit & Loss Trends

​Overview

​Report Structure

​Summary Metrics

​Detail Levels

​Account Subtypes

​Example Response

​Related Endpoints

Get Profit & Loss Report

Get Profit & Loss Trends

Overview

Report Structure

Summary Metrics

Detail Levels

Account Subtypes

Example Response

Related Endpoints