Profit and loss
Shows a company's total income and expenses over a specified period
Language tip
Profit and loss statement is also referred to as income statement under US GAAP (Generally Accepted Accounting Principles).
Explore the Profit and Loss endpoint in Swagger.
View the coverage for profit and loss in the Data Coverage Explorer.
Overview
The purpose of a profit and loss report is to present the financial performance of a company over a specified time period.
A profit and loss report shows a company's total income and expenses for a specified period of time and whether a profit or loss has been made.
Profit and loss or balance sheet?
Profit and loss reports summarise the total revenue, expenses, and profit or loss over a specified time period. A balance sheet report presents all assets, liability, and equity for a given date.
Structure of this report
This report will reflect the structure and line descriptions that the business has set in their own accounting platform.
History
By default, Codat pulls (up to) 24 months of profit and loss history for a company. You can adjust this to fetch more history, where available, by updating the monthsToSync value for profitAndLoss on the data type settings endpoint.
Want to pull this in a standardised structure?
Our Enhanced Financials endpoints provide the same report under standardized headings, allowing you to pull it in the same format for all of your business customers.
Data model
Field | Type | Description |
|---|---|---|
reports | An array of ProfitAndLossReports. | |
reportBasis | string | The basis of a report, either:
|
currency | string | Base currency of the company in which the profit and loss report is presented. |
mostRecentAvailableMonth | string | Most recent available monthly report data |
earliestAvailableMonth | string | Earliest available monthly report data |
Profit and loss report
Field | Type | Description |
|---|---|---|
fromDate | string | Date from which the report data begins. |
toDate | string | Date on which the report data ends. |
income | ReportLine items for income in the given date range. | |
costOfSales | ReportLine items for cost of sales in the given date range. | |
grossProfit | decimal | Gross profit of the company in the given date range. |
expenses | ReportLine items for expenses in the given date range. | |
netOperatingProfit | decimal | Net operating profit of the company in the given date range. |
otherExpenses | ReportLine items for other expenses in the given date range. | |
otherIncome | ReportLine items for other income in the given date range. | |
netOtherIncome | decimal | Net other income of the company in the given date range. |
netProfit | decimal | Net profit of the company in the given date range. |
Report lines
| Field | Type | Description |
|---|---|---|
| accountId | string | Identifier for the account, unique for the company in the accounting platform. |
| name | string | Name of the report line item, for example: Income or Sales. |
| value | decimal | Numerical value of the line item. |
| items | Report line items for the given date range. |
Example data
{
"reports": [
{
"fromDate": "2018-02-01T00:00:00",
"toDate": "2018-02-28T00:00:00",
"income": {
"accountId": null,
"name": "Income",
"value": 6960.09,
"items": [
{
"accountId": null,
"name": "Sales",
"value": 6960.09,
"items": []
}
]
},
"costOfSales": {
"accountId": null,
"name": "Cost of Sales",
"value": 700,
"items": [
{
"accountId": null,
"name": "Purchases",
"value": 700,
"items": []
}
]
},
"grossProfit": 6260.09,
"expenses": {
"accountId": null,
"name": "Expenses",
"value": 4198.6,
"items": [
{
"accountId": null,
"name": "Advertising & Marketing",
"value": 2083.33,
"items": []
},
{
"accountId": null,
"name": "Entertainment-100% business",
"value": 18.33,
"items": []
},
{
"accountId": null,
"name": "General Expenses",
"value": 186.97,
"items": []
},
{
"accountId": null,
"name": "Light, Power, Heating",
"value": 103.43,
"items": []
},
{
"accountId": null,
"name": "Motor Vehicle Expenses",
"value": 342.79,
"items": []
},
{
"accountId": null,
"name": "Postage, Freight & Courier",
"value": 94.19,
"items": []
},
{
"accountId": null,
"name": "Printing & Stationery",
"value": 65.58,
"items": []
},
{
"accountId": null,
"name": "Rent",
"value": 984.38,
"items": []
},
{
"accountId": null,
"name": "Repairs & Maintenance",
"value": 57.92,
"items": []
},
{
"accountId": null,
"name": "Subscriptions",
"value": 14.9,
"items": []
},
{
"accountId": null,
"name": "Telephone & Internet",
"value": 45.11,
"items": []
},
{
"accountId": null,
"name": "Travel - National",
"value": 201.67,
"items": []
}
]
},
"netOperatingProfit": 2061.49,
"otherExpenses": {
"accountId": null,
"name": "Other Expenses",
"value": 0,
"items": []
},
"otherIncome": {
"accountId": null,
"name": "Other Income",
"value": 0,
"items": []
},
"netOtherIncome": 0,
"netProfit": 2061.49
},
{
"fromDate": "2018-01-01T00:00:00",
"toDate": "2018-01-31T00:00:00",
"income": {
"accountId": null,
"name": "Income",
"value": 11453.03,
"items": [
{
"accountId": null,
"name": "Sales",
"value": 11453.03,
"items": []
}
]
},
"costOfSales": {
"accountId": null,
"name": "Cost of Sales",
"value": 1250,
"items": [
{
"accountId": null,
"name": "Purchases",
"value": 1250,
"items": []
}
]
},
"grossProfit": 10203.03,
"expenses": {
"accountId": null,
"name": "Expenses",
"value": 7979.19,
"items": [
{
"accountId": null,
"name": "Advertising & Marketing",
"value": 6628.13,
"items": []
},
{
"accountId": null,
"name": "Audit & Accountancy fees",
"value": 46.96,
"items": []
},
{
"accountId": null,
"name": "General Expenses",
"value": 49.62,
"items": []
},
{
"accountId": null,
"name": "Light, Power, Heating",
"value": 103.43,
"items": []
},
{
"accountId": null,
"name": "Motor Vehicle Expenses",
"value": 123.75,
"items": []
},
{
"accountId": null,
"name": "Rent",
"value": 984.38,
"items": []
},
{
"accountId": null,
"name": "Telephone & Internet",
"value": 42.92,
"items": []
}
]
},
"netOperatingProfit": 2223.84,
"otherExpenses": {
"accountId": null,
"name": "Other Expenses",
"value": 0,
"items": []
},
"otherIncome": {
"accountId": null,
"name": "Other Income",
"value": 0,
"items": []
},
"netOtherIncome": 0,
"netProfit": 2223.84
},
{
"fromDate": "2017-12-01T00:00:00",
"toDate": "2017-12-31T00:00:00",
"income": {
"accountId": null,
"name": "Income",
"value": 4524.84,
"items": [
{
"accountId": null,
"name": "Sales",
"value": 4524.84,
"items": []
}
]
},
"costOfSales": {
"accountId": null,
"name": "Cost of Sales",
"value": 0,
"items": []
},
"grossProfit": 4524.84,
"expenses": {
"accountId": null,
"name": "Expenses",
"value": 3723.75,
"items": [
{
"accountId": null,
"name": "Audit & Accountancy fees",
"value": 46.96,
"items": []
},
{
"accountId": null,
"name": "Bank Fees",
"value": 15,
"items": []
},
{
"accountId": null,
"name": "Cleaning",
"value": 99.23,
"items": []
},
{
"accountId": null,
"name": "Entertainment-100% business",
"value": 26.33,
"items": []
},
{
"accountId": null,
"name": "General Expenses",
"value": 124.42,
"items": []
},
{
"accountId": null,
"name": "Light, Power, Heating",
"value": 129.38,
"items": []
},
{
"accountId": null,
"name": "Motor Vehicle Expenses",
"value": 123.75,
"items": []
},
{
"accountId": null,
"name": "Rent",
"value": 984.38,
"items": []
},
{
"accountId": null,
"name": "Repairs & Maintenance",
"value": 886.3,
"items": []
},
{
"accountId": null,
"name": "Subscriptions",
"value": 1219.9,
"items": []
},
{
"accountId": null,
"name": "Telephone & Internet",
"value": 39.02,
"items": []
},
{
"accountId": null,
"name": "Travel - National",
"value": 29.08,
"items": []
}
]
},
"netOperatingProfit": 801.09,
"otherExpenses": {
"accountId": null,
"name": "Other Expenses",
"value": 0,
"items": []
},
"otherIncome": {
"accountId": null,
"name": "Other Income",
"value": 0,
"items": []
},
"netOtherIncome": 0,
"netProfit": 801.09
},
{
"fromDate": "2017-11-01T00:00:00",
"toDate": "2017-11-30T00:00:00",
"income": {
"accountId": null,
"name": "Income",
"value": 2429.16,
"items": [
{
"accountId": null,
"name": "Sales",
"value": 2429.16,
"items": []
}
]
},
"costOfSales": {
"accountId": null,
"name": "Cost of Sales",
"value": 0,
"items": []
},
"grossProfit": 2429.16,
"expenses": {
"accountId": null,
"name": "Expenses",
"value": 1215.27,
"items": [
{
"accountId": null,
"name": "Audit & Accountancy fees",
"value": 46.96,
"items": []
},
{
"accountId": null,
"name": "Bank Fees",
"value": 15,
"items": []
},
{
"accountId": null,
"name": "Light, Power, Heating",
"value": 113.41,
"items": []
},
{
"accountId": null,
"name": "Printing & Stationery",
"value": 18.09,
"items": []
},
{
"accountId": null,
"name": "Rent",
"value": 984.38,
"items": []
},
{
"accountId": null,
"name": "Telephone & Internet",
"value": 37.43,
"items": []
}
]
},
"netOperatingProfit": 1213.89,
"otherExpenses": {
"accountId": null,
"name": "Other Expenses",
"value": 0,
"items": []
},
"otherIncome": {
"accountId": null,
"name": "Other Income",
"value": 0,
"items": []
},
"netOtherIncome": 0,
"netProfit": 1213.89
},
{
"fromDate": "2017-10-01T00:00:00",
"toDate": "2017-10-31T00:00:00",
"income": {
"accountId": null,
"name": "Income",
"value": 1000,
"items": [
{
"accountId": null,
"name": "Sales",
"value": 1000,
"items": []
}
]
},
"costOfSales": {
"accountId": null,
"name": "Cost of Sales",
"value": 0,
"items": []
},
"grossProfit": 1000,
"expenses": {
"accountId": null,
"name": "Expenses",
"value": 101.43,
"items": [
{
"accountId": null,
"name": "Light, Power, Heating",
"value": 101.43,
"items": []
}
]
},
"netOperatingProfit": 898.57,
"otherExpenses": {
"accountId": null,
"name": "Other Expenses",
"value": 0,
"items": []
},
"otherIncome": {
"accountId": null,
"name": "Other Income",
"value": 0,
"items": []
},
"netOtherIncome": 0,
"netProfit": 898.57
},
{
"fromDate": "2017-09-01T00:00:00",
"toDate": "2017-09-30T00:00:00",
"income": {
"accountId": null,
"name": "Income",
"value": 416.67,
"items": [
{
"accountId": null,
"name": "Sales",
"value": 416.67,
"items": []
}
]
},
"costOfSales": {
"accountId": null,
"name": "Cost of Sales",
"value": 0,
"items": []
},
"grossProfit": 416.67,
"expenses": {
"accountId": null,
"name": "Expenses",
"value": 100.71,
"items": [
{
"accountId": null,
"name": "Light, Power, Heating",
"value": 100.71,
"items": []
}
]
},
"netOperatingProfit": 315.96,
"otherExpenses": {
"accountId": null,
"name": "Other Expenses",
"value": 0,
"items": []
},
"otherIncome": {
"accountId": null,
"name": "Other Income",
"value": 0,
"items": []
},
"netOtherIncome": 0,
"netProfit": 315.96
},
{
"fromDate": "2017-08-01T00:00:00",
"toDate": "2017-08-31T00:00:00",
"income": {
"accountId": null,
"name": "Income",
"value": 1250,
"items": [
{
"accountId": null,
"name": "Sales",
"value": 1250,
"items": []
}
]
},
"costOfSales": {
"accountId": null,
"name": "Cost of Sales",
"value": 0,
"items": []
},
"grossProfit": 1250,
"expenses": {
"accountId": null,
"name": "Expenses",
"value": 95.81,
"items": [
{
"accountId": null,
"name": "Light, Power, Heating",
"value": 95.81,
"items": []
}
]
},
"netOperatingProfit": 1154.19,
"otherExpenses": {
"accountId": null,
"name": "Other Expenses",
"value": 0,
"items": []
},
"otherIncome": {
"accountId": null,
"name": "Other Income",
"value": 0,
"items": []
},
"netOtherIncome": 0,
"netProfit": 1154.19
},
{
"fromDate": "2017-07-01T00:00:00",
"toDate": "2017-07-31T00:00:00",
"income": {
"accountId": null,
"name": "Income",
"value": 416.67,
"items": [
{
"accountId": null,
"name": "Sales",
"value": 416.67,
"items": []
}
]
},
"costOfSales": {
"accountId": null,
"name": "Cost of Sales",
"value": 0,
"items": []
},
"grossProfit": 416.67,
"expenses": {
"accountId": null,
"name": "Expenses",
"value": 91.67,
"items": [
{
"accountId": null,
"name": "Light, Power, Heating",
"value": 91.67,
"items": []
}
]
},
"netOperatingProfit": 325,
"otherExpenses": {
"accountId": null,
"name": "Other Expenses",
"value": 0,
"items": []
},
"otherIncome": {
"accountId": null,
"name": "Other Income",
"value": 0,
"items": []
},
"netOtherIncome": 0,
"netProfit": 325
},
{
"fromDate": "2017-06-01T00:00:00",
"toDate": "2017-06-30T00:00:00",
"income": {
"accountId": null,
"name": "Income",
"value": 416.67,
"items": [
{
"accountId": null,
"name": "Sales",
"value": 416.67,
"items": []
}
]
},
"costOfSales": {
"accountId": null,
"name": "Cost of Sales",
"value": 0,
"items": []
},
"grossProfit": 416.67,
"expenses": {
"accountId": null,
"name": "Expenses",
"value": 86.67,
"items": [
{
"accountId": null,
"name": "Light, Power, Heating",
"value": 86.67,
"items": []
}
]
},
"netOperatingProfit": 330,
"otherExpenses": {
"accountId": null,
"name": "Other Expenses",
"value": 0,
"items": []
},
"otherIncome": {
"accountId": null,
"name": "Other Income",
"value": 0,
"items": []
},
"netOtherIncome": 0,
"netProfit": 330
},
{
"fromDate": "2017-05-01T00:00:00",
"toDate": "2017-05-31T00:00:00",
"income": {
"accountId": null,
"name": "Income",
"value": 833.34,
"items": [
{
"accountId": null,
"name": "Sales",
"value": 833.34,
"items": []
}
]
},
"costOfSales": {
"accountId": null,
"name": "Cost of Sales",
"value": 0,
"items": []
},
"grossProfit": 833.34,
"expenses": {
"accountId": null,
"name": "Expenses",
"value": 84.76,
"items": [
{
"accountId": null,
"name": "Light, Power, Heating",
"value": 84.76,
"items": []
}
]
},
"netOperatingProfit": 748.58,
"otherExpenses": {
"accountId": null,
"name": "Other Expenses",
"value": 0,
"items": []
},
"otherIncome": {
"accountId": null,
"name": "Other Income",
"value": 0,
"items": []
},
"netOtherIncome": 0,
"netProfit": 748.58
},
{
"fromDate": "2017-04-01T00:00:00",
"toDate": "2017-04-30T00:00:00",
"income": {
"accountId": null,
"name": "Income",
"value": 416.67,
"items": [
{
"accountId": null,
"name": "Sales",
"value": 416.67,
"items": []
}
]
},
"costOfSales": {
"accountId": null,
"name": "Cost of Sales",
"value": 0,
"items": []
},
"grossProfit": 416.67,
"expenses": {
"accountId": null,
"name": "Expenses",
"value": 87.62,
"items": [
{
"accountId": null,
"name": "Light, Power, Heating",
"value": 87.62,
"items": []
}
]
},
"netOperatingProfit": 329.05,
"otherExpenses": {
"accountId": null,
"name": "Other Expenses",
"value": 0,
"items": []
},
"otherIncome": {
"accountId": null,
"name": "Other Income",
"value": 0,
"items": []
},
"netOtherIncome": 0,
"netProfit": 329.05
},
{
"fromDate": "2017-03-01T00:00:00",
"toDate": "2017-03-31T00:00:00",
"income": {
"accountId": null,
"name": "Income",
"value": 416.67,
"items": [
{
"accountId": null,
"name": "Sales",
"value": 416.67,
"items": []
}
]
},
"costOfSales": {
"accountId": null,
"name": "Cost of Sales",
"value": 0,
"items": []
},
"grossProfit": 416.67,
"expenses": {
"accountId": null,
"name": "Expenses",
"value": 92.38,
"items": [
{
"accountId": null,
"name": "Light, Power, Heating",
"value": 92.38,
"items": []
}
]
},
"netOperatingProfit": 324.29,
"otherExpenses": {
"accountId": null,
"name": "Other Expenses",
"value": 0,
"items": []
},
"otherIncome": {
"accountId": null,
"name": "Other Income",
"value": 0,
"items": []
},
"netOtherIncome": 0,
"netProfit": 324.29
},
{
"fromDate": "2017-02-01T00:00:00",
"toDate": "2017-02-28T00:00:00",
"income": {
"accountId": null,
"name": "Income",
"value": 416.67,
"items": [
{
"accountId": null,
"name": "Sales",
"value": 416.67,
"items": []
}
]
},
"costOfSales": {
"accountId": null,
"name": "Cost of Sales",
"value": 0,
"items": []
},
"grossProfit": 416.67,
"expenses": {
"accountId": null,
"name": "Expenses",
"value": 90.95,
"items": [
{
"accountId": null,
"name": "Light, Power, Heating",
"value": 90.95,
"items": []
}
]
},
"netOperatingProfit": 325.72,
"otherExpenses": {
"accountId": null,
"name": "Other Expenses",
"value": 0,
"items": []
},
"otherIncome": {
"accountId": null,
"name": "Other Income",
"value": 0,
"items": []
},
"netOtherIncome": 0,
"netProfit": 325.72
},
{
"fromDate": "2017-01-01T00:00:00",
"toDate": "2017-01-31T00:00:00",
"income": {
"accountId": null,
"name": "Income",
"value": 0,
"items": []
},
"costOfSales": {
"accountId": null,
"name": "Cost of Sales",
"value": 0,
"items": []
},
"grossProfit": 0,
"expenses": {
"accountId": null,
"name": "Expenses",
"value": 0,
"items": []
},
"netOperatingProfit": 0,
"otherExpenses": {
"accountId": null,
"name": "Other Expenses",
"value": 0,
"items": []
},
"otherIncome": {
"accountId": null,
"name": "Other Income",
"value": 0,
"items": []
},
"netOtherIncome": 0,
"netProfit": 0
}
],
"reportBasis": "Accrual",
"currency": "GBP"
}
Updated 1 day ago