跳至內容
此問題已被標幟
profit_and_lossodoo10.0Accountingbalances
2 回覆
3232 瀏覽次數
頭像
Donald Leaman

I'm trying to understand our balance sheet that the accounting module produces. You'd think the profit would simply be income minus expenses. But Odoo expresses the profit as a negative number when income is greater than expenses. I'm not an accountant and I'm wondering if it's a bug in the software. Odoo 10 CE.  Income = $30,000.  Expenses = $20,000.   Profit (loss) to report = $  -10,000


PS:    How  do  I  add  an  attachment  to  this  post?

頭像
捨棄
頭像
Ermin Trevisan
最佳答案

A profit must have the same sign as equity, but that is accounting 101.

頭像
捨棄
Donald Leaman
作者

Thanks Ermin. Since I don't understand what you said and I'd like to understand the output from the odoo accounting reports, I guess I need to do some adult education class for accounting.

頭像
Yossef Elsherif
最佳答案

Hi Donald

The report will show the loss as a negative amount, which will appear on the Balance Sheet to balance it.

However, you may review the (Financial Reports) menu with the Developer mode to confirm the calculation for Profit & loss and  edit  it  if  needed, because the number you mentioned should result in a Positive 10,000

頭像
捨棄
Donald Leaman
作者

Thanks Yossef. I wanted to attach files to my post to show what I'm talking about but don't see a way to do it. Any help with that?

Donald Leaman
作者

And PS: it is not a loss. It is a profit. And so common sense (as opposed to accounting sense) says it should be a positive number.

Yossef Elsherif

Don't think you can attach a screenshot, I think you need to review the formula of the Net Profit on the "Profit & Loss" report from the Financial Reports menu as I mentioned above.
It should equal to (OPINC + OIN - COS - EXP - DEP) if there are any difference modify it until it's correct

Donald Leaman
作者

Well, I don't know what OPINC, OIN, COS, EXP and DEP are. If you can explain that I might be able to begin my education and investigation. Thanks.

相關帖文 回覆 瀏覽次數 活動
Issue with Profit and Loss Report - 'Less Costs of Revenue' Appearing Before 'Gross Profit' 已解決
profit_and_loss Reporting Accounting
頭像
頭像
1
3月 25
1623
Make Invoice Date leading (14)
date help profit_and_loss Accounting
頭像
0
6月 22
3118
P&L Report doesn't have actual P&L amount
excel profit_and_loss Exporting odoo10.0
頭像
0
3月 17
3478
How can I migrate my accounting data to Odoo? Chart of Accounts? Customers? Balances? 已解決
import chart Accounting Golive balances
頭像
頭像
1
8月 25
604
Bank reconciliation running balance difference from general ledger and bank statement 已解決
reconciliation generalledger bankstatement Accounting balances
頭像
頭像
頭像
3
7月 24
4585