cancel
Showing results for 
Search instead for 
Did you mean: 
Reply
steveorme69 Regular Visitor
Regular Visitor

Profit & Loss Statement Template

Hi All,

 

Does anyone have a template for a profit and loss statement?,

 

I have transactions from the general ledger with nominal, cost centres, dates and debit/credit balances etc. but can't find an easy way to convert this to a statement. I link to a cost centre table and nominal table which has all the hierarchies.

 

The main issue is reversing the sign for income in the matrix table but still getting the correct signage for profit.

 

 

Thanks

Steve

 

 

2 REPLIES 2
jdobrzen Regular Visitor
Regular Visitor

Re: Profit & Loss Statement Template

If I'm following the question correctly, then you can multiply the amounts by -1 or 1 to flip them accordingly.  In the past I've had accounting supply the value in the source system to help indicate which way accounts needed to be flipped (I believe that is what you're refering to when you say nominals. Accounts right?) and then in calculations you can just multiply your sums by the factor in that column and it will flip the values for different types of reporting.

Super User
Super User

Re: Profit & Loss Statement Template

Hi Steve,

maybe this article gives you some ideas: http://www.thebiccountant.com/2017/03/07/switching-signs-powerbi-dax-unary-operators/

Did I answer your question? Mark my post as a solution!

Proud to be a Datanaut!

Imke Feldmann

How to integrate M-code into your solution -- Check out more PBI- learning resources here -- Performance Tipps for M-queries




Helpful resources

Announcements
Virtual Launch Event

Microsoft Business Applications October Virtual Launch Event

Join us for an in-depth look at the new innovations across Dynamics 365 and the Microsoft Power Platform.

Power BI Helps Homeless and Trouble Youth

Power BI Helps Homeless and Trouble Youth

We spoke with Power BI Super User, Greg Deckler, about his charity work

MBAS Gallery

Watch Sessions On Demand!

Continue your learning in our online communities.

Top Kudoed Authors
Users Online
Currently online: 151 members 1,969 guests
Please welcome our newest community members: