Profit and Loss Report
The Profit and Loss Report in O2VEND Back Office provides a structured overview of a company’s financial performance for a selected fiscal year. Instead of focusing on individual values, the report highlights the key financial components that determine profitability, making it easier to understand overall business health.
How to View the Profit and Loss Report
- Open Back Office
- Go to the Reports section
- Navigate to Other Reports
- Select Profit and Loss
- Choose the Financial Year and Branch
- The report will display totals and net profit/loss for the selected period
Report Overview
The report is divided into two main sections:
Purchase Section
- Purchases → Total cost of goods acquired during the year
- Opening Stock → Value of stock carried forward from the previous year
- Direct Expenses → Costs directly linked to purchases (e.g., freight, handling)
- Indirect Expenses → Overheads not directly tied to purchases
- Total Purchases & Expenses → Combined figure showing overall procurement cost
Sales Section
- Sales → Total revenue generated from goods sold
- Closing Stock → Value of remaining stock at the end of the year
- Total Sales → Combined figure showing overall sales value
Net Result
- Net Profit / Loss → The difference between total sales and total purchases/expenses, representing the company’s financial outcome for the year
Key Features
- Year Selection → Choose the financial year for analysis
- Branch Filter → View consolidated or branch-specific results
- Detailed Breakdown → Purchases, stock values, expenses, and sales totals
- Net Profit Calculation → Automatically computed for quick insights
Export & Print Options
Tip
Use the PRINT button to generate a PDF version of the report for documentation or audit purposes.
Benefits
- Provides a clear snapshot of financial health
- Helps evaluate sales and purchase strategies
- Supports audits and compliance requirements
- Enables better decision-making for future planning