Profit & Loss Statements

What’s In A Name?

The very first thing you should know about a Profit and Loss Statement is that it goes by other names. The profit-and-loss statement is also called the Income Statement or an Operating Statement which is usually calculated after every month and after every year.

Putting It Into Context

M Walter Group includes features into your Profit & Loss Statement which will give your company valuable financial context, in a way that is simple and clear. This can offer critical insight for investors concerning the wellness of a business.

• Gross rental income is the overall number of sales (monthly rental income) made by your organization at any particular period. It is the most important metric that every business should be measuring.
• Cumulative Profit takes some time and mathematical effort to figure. The cumulative profit can refer to several total “net profit” numbers added together over a specific time frame; or the term can sometimes also be used as a synonym for “net profit” — although technically the two terms are not usually the exact same thing. Knowing how to figure out cumulative profit is critical for any accounting or management department.

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