Set up the Executive P&L

The Executive Profit & Loss (P&L) allows you to organize your financials by categorizing expenses and revenue streams. Setting up the Executive P&L is crucial for tracking your company’s financial health, gaining insight into the costs involved in running your business, and making data-driven decisions with accurate, detailed financial reports.

See the Reporting

To check your Executive P&L:

1. Go to Reporting > Executive P&L.

   
2. (Optional): Select Customize to display different in:

   1. Formatting

      • Report format

      • Number formart

   2. Columns

      • Montlhy

      • Quarterly

      • Total

   

   
3. Optional): Select Export to download the data.

Edit new categories

To edit or add new categories to the Executive P&L:

1. Go to Reporting.

2. Select Executive P&L.

3. In the Field, select an option.

   Note: This will enable the editable sections below, including Operating Expenses and Cost of Revenue.

4. Select Save to complete the process.

5. In Operating Expenses, you can select one or multiple options for:

   • Sales and Marketing: Costs associated with promoting and selling the Executive product, such as marketing campaigns and sales team expenses.

   • Research and Development: Expenses related to developing and improving the software, including engineer salaries and product development costs.

   • General & Administrative: Operating expenses not directly tied to production, such as office rent, utilities, human resources, and legal costs.

   • (Optional): In Add Category, you can include new categories with

6. In Cost of Revenue, you can select one or multiple options for:

   • Product: Identify the product or service line that generates the associated cost. For example, this could include specific software modules, APIs, or platforms.

   • Consumption Revenue: Costs linked to usage-based income streams. This includes variable infrastructure costs (e.g., cloud compute or bandwidth), customer-specific usage metering, and any cost tied to consumption billing models.

   • Consumption Commitment: Costs related to committed usage agreements, where customers prepay or commit to a certain volume. These may include provisioning costs, reserved infrastructure, or discounts applied due to volume deals.

7. Select Save to complete the process.