How to Check Profit and Loss Report

Prerequisites

We assume you have all prerequisites you may need, including:

1. If needed: the VPN is configured to access the Finmars resources
2. If needed: access to the Virtual Machine to work with the sensitive information
3. Must have: registered in Finmars in the needed region environment (self-registered or registered by Finmars)
4. Must have: having permissions set to allow continue with the Action in the Guide
   

Checking the Profit and Loss Report

1. Go to the Reportsleft menusidebar. tabLocate and select the Report section and click on P&L. Ensure that the correct layout is selected from the availabledropdown reportin options.the upper-left corner. If the wrong layout is selected, change it before proceeding.
   
   
2. Once insideon the P&L page, adjust the settings according to your reporting needs. Сonfirm the P&LCalculation Reportmethod, Pricing policy, and Currency section,in the top panel. Also, verify that the Report Date is set correctly. The system displays the balance as of the end of the selected day. This setting should always be used to reflect accurate financial data.
   
3. If you want to configure more detailed report settings, click on the necessarygear icon in the top-right corner to open the settings bypanel. 
   
   
4. Set the Report Date, Currency, and Cost Method (such as AVCO or FIFO) and define the Pricing Policy to determine how asset values are calculated (When selecting the appropriatePricing filters,Policy, suchyou are choosing the set of prices and exchange rates to be applied.)
5. Configure Portfolio Mode and Account Mode to define how data is displayed.
   
   1. Independent – Shows separate entries for each portfolio or account for a detailed view.
   2. Ignore – Aggregates data into a consolidated report without portfolio or account distinctions.
      Important to note: If Portfolio Mode is set to Ignore, all portfolios will be merged into a single row. However, if Account Mode is set to Independent, accounts will still be displayed as Reportseparate Date,rows.
   Currency,
   Cost Method, Portfolio Selection, and Consolidation Mode. Adjust these parameters based on your reporting requirements.
   
   
6. Click OK to apply the settings once all the necessary parameters are selected.
   
   

7. AfterTo settingapply upthe yourselected filterssettings and clicking OK, refresh the page to loadview the updated Profitreport, andsimply Loss report.

   After refreshing,refresh the P&Lpage. Once refreshed, the report will be generateddisplayed basedwith onthe updated parameters, reflecting the selected parameters. Review the report to ensure all data is accurate.configurations.
   
   

8. Once the report ishas been prepared, verify the displayed withinformation to ensure that the Grand Total and individual portfolio data are correct. If mistakes are discovered, review the updatedimported data,data to ensure that all relevant files were included through the import process. If changes are required, return to the Report Settings, alter the settings, and reload the page to update the report.
9. After verifying the report, you can either save it within the system for future reference or export it for external use. To do this, locate the Save buttonbutton, which is positioned in the top-upper-left corner of the screen.report Thisinterface. Clicking this button allowswill you to savestore the current report configurationlayout and data for future reference.access. WeIt’s recommendimportant savingto use the layout with standard settings whenever possible to avoidmaintain compatibility issues with future updates.consistency. If modificationschanges are necessary,needed, create a copyduplicate of the layout and storesave it locally.locally Thisto precautionavoid ensurespotential thatdata yourloss custom settings are preserved even after systemduring updates or reinstallation of marketplace modules.
   
   
10. To export the report, click theThe Export buttonoption is located next to the Save button in the top-right corner.corner, Thisproviding willmultiple openformats afor dropdowndownloading menuthe withreport. severalYou options:can choose to Export to PDF,PDF, Export to CSV,CSV, or Export to Excel,Excel, Copydepending Allon the preferred format for further analysis. Additionally, there are options to Buffer, Copy Selectedall to Buffer.buffer or Copy selected to buffer, allowing you to quickly copy report data for use in other applications. Ensure that the exported or copied data accurately reflects the report before using it for financial reporting or analysis.
    
11. AfterIn selectingcase of any errors or missing data warnings, check that the desiredrequired exportImport format,has thebeen filesuccessfully willcompleted. beEnsure downloadedthat toall yournecessary localfinancial device.and Always double-check the exported file to ensure thetransactional data has been capturedimported accurately.into the system before running the P&L Report. If issues persist, contact the administrator for further assistance.