Accounting · Academy

What this section is

P&L (GL) is the Accounting profit & loss hub: links to the operating folio P&L and summarises books income/expense accounts from posted vouchers. Use it for management/books review. Finance → Profit & loss remains the quick ops view; this hub is the books entry point. Not a statutory audited statement by itself.

In the owner dashboard

Open Profit & loss statement under Listing / Property after you claim a stay. Same vocabulary as Help Academy.

~9 min

Typical time to read this guide and complete the screen once for a small property.

Finance · Accounting

Double-entry books: COA, ledgers, vouchers, statements, budgets, cost centres, and Indian FY closing.

Help cues

When to use it

Cue 1

CA asks for GL income/expense for September.

Cue 2

Compare ops P&L to posted books.

Cue 3

Before FY close — income/expense completeness.

Do this

Step-by-step

Open P&L (GL)

Accounting → Profit & loss. Use period filters / links to detailed ops P&L.

India example: Sep room + F&B − expenses.
Tie to vouchers

Missing expense in GL → post PV/JV/expense; missing revenue → check RV/income posts.

India example: Utilities PV missing · post · refresh.
Do not confuse with cash

Credit sales and unpaid bills affect timing — see AR/AP and Cash flow.

India example: Profit up · cash flat · AR grew.

Tips

YTD P&L often rolls into equity on the Balance sheet until FY close. · Budget module compares departmental limits to these actuals.

Common mistakes

Using only ops P&L and never posting books — CA has nothing to file from GL.

Staff training

Detailed examples

Full India-hotel scenarios — same structure as Help Academy. Follow on the live screen with your team.

Example 1: Books P&L vs ops P&L for September

Setting

Owner review · some expenses only in ops register.

Who is involved

Accountant · Owner

Hub links both views — gaps mean unposted books.

#	What staff do	What they should see
1	Accounting → P&L hub	Ops + GL links.
2	Compare to Finance P&L	Note gaps.
3	Post missing PV/JV	GL catches up.

End result: Owner sees books-complete result.

Pricing unlock

Which plans include Profit & loss statement

Starter —

Growth —

Pro —

Business ✓

Full unlock matrix →

Accounting

Related Accounting

Accounts payable Accounts receivable ledger Balance sheet Bank account management Budget management Cash flow statement Chart of accounts Contra vouchers Cost centre management Expense management Financial year closing General ledger Journal vouchers Payment vouchers Petty cash Profit & loss statement Purchase management Receipt vouchers (GL) Supplier management Trial balance

Getting started map → Help Academy → Abbreviations → Features →