Balance sheet and P&L

From the journal entries, Aikount aggregates your Spanish chart-of-accounts accounts into two classic accounting views: the profit and loss (P&L) and the balance sheet.

Profit and loss (P&L)#

The P&L measures how a period went: it's the difference between what you earned and what you spent.

• Income — the group 7 accounts (for example 705, services rendered), netted of credit notes and refunds.
• Operating expenses — the group 6 accounts (purchases, outside services, staff…).
• Operating result = income − operating expenses.

It's an accrual view (by the invoice date, not the payment date), so it reflects the period's activity even if the money comes in or goes out later.

Balance sheet#

The balance sheet is a snapshot at a date: what you own and what you owe. It gathers balances from accounts such as customers (430), banks (572), suppliers and VAT (477, 472), among others. Where the P&L covers a period, the balance sheet is a single instant.

Relationship with the Panel's Resultado KPI#

The Resultado (result) you see on the Panel is the same figure as the operating result: Sales − Expenses on an accrual basis. That's why the numbers reconcile between the accounting and the board:

• Sales ≈ group 7 income.
• Expenses ≈ group 6 expenses.
• Result = Sales − Expenses.
• Margin = Result ÷ Sales.

The Panel's period selector (this month, year to date, quarter, custom range) moves all the cards at once, just as you'd narrow the P&L by dates.

If the Panel's Result doesn't match what you expected, check the ledger for the period's income and expense accounts: the P&L and the KPI draw from the same entries.

Related#

• KPIs and widgets — how Sales, Expenses, Result and Margin are computed.
• Journal and ledger — where these figures come from.
• Spanish chart of accounts — the account groups that aggregate.