ERPNext is providing very basic view for profit and loss statement which is not useful for analysis purpose. It should show Gross Profit, EBITDA, PBT, PAT and Net Profit as all the softwares provide the same. I have attached the same in attached file. Can we consider this as a feature request and work on the same to priority? (As it is just a restructuring of Accounts group (account type), it will not take much time)
Revenue | Sales Generated from Selling Products/Services to Customers
-- | --
Less: Cost of Goods Sold (COGS) | Costs Directly Associated with Core Revenue Production
Gross Profit | Gross Profit = Revenue – COGS
Less: Operating Expenses (SG&A) | Indirect Costs NOT Directly Related to Revenue Creation
Operating Income (EBITA) | EBITA = Gross Profit – Operating Expenses
Less: Interest Expense, Depreciation, Amortisation | Periodic Payments on Debt Obligation (i.e. the Cost of Debt Financing)
Pre-Tax Income (EBT) | EBT = EBIT – Interest Expense - Depreciation - Amortisation
Less: Taxes | Legally Mandatory Payments to the City, State, and Federal Government
Net Income (“Bottom Line”) | Net Income = EBT – Taxes
ERPNext is providing very basic view for profit and loss statement which is not useful for analysis purpose. It should show Gross Profit, EBITDA, PBT, PAT and Net Profit as all the softwares provide the same. I have attached the same in attached file. Can we consider this as a feature request and work on the same to priority? (As it is just a restructuring of Accounts group (account type), it will not take much time)
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Revenue | Sales Generated from Selling Products/Services to Customers -- | -- Less: Cost of Goods Sold (COGS) | Costs Directly Associated with Core Revenue Production Gross Profit | Gross Profit = Revenue – COGS Less: Operating Expenses (SG&A) | Indirect Costs NOT Directly Related to Revenue Creation Operating Income (EBITA) | EBITA = Gross Profit – Operating Expenses Less: Interest Expense, Depreciation, Amortisation | Periodic Payments on Debt Obligation (i.e. the Cost of Debt Financing) Pre-Tax Income (EBT) | EBT = EBIT – Interest Expense - Depreciation - Amortisation Less: Taxes | Legally Mandatory Payments to the City, State, and Federal Government Net Income (“Bottom Line”) | Net Income = EBT – Taxes