The Profit and Loss by Branch report is used to analyze the performance of each individual branch in terms of revenue, expenses, and net profit while comparing those results to other branches. It is a powerful accounting tool that helps you evaluate the operational efficiency of each branch independently, supporting key management decisions related to expansion or restructuring.
This report differs from simply filtering the general income statement by branch. Instead of showing filtered data within a single consolidated report, the Profit and Loss by Branch report presents separate income statements for each branch side-by-side, providing clearer and more accurate insights to compare results and review the financial performance of each branch in your company.
In this guide, we’ll show you how to access the Branch Income Statement in Wafeq, and explain the key points that will help you read and analyze the report effectively.
For more information on the standard Income Statement, check out this guide.
Why is this report important?
The Profit and Loss by Branch report helps you:
- Identify which branches are the most profitable or incurring losses
- Evaluate how efficiently expenses are being distributed
- Assess the impact of operational or managerial changes at the branch level
- Support expansion or restructuring decisions based on actual financial data
How to view and read the Profit and Loss by Branch report in Wafeq?
To open the report go to "Reports" from the main menu Under the "Financial Reports" section, select "Profit and Loss by Branch"
The report shows revenue, expenses, and net profit broken down by each branch registered in your company. This allows you to assess the financial performance of each branch separately for the same time period and clearly identify operational differences between branches. It also helps you understand how each account affects the final result whether profit or loss.
Unlike traditional report filtering, this report provides a parallel and detailed comparison across branches. It also helps identify any financial records that are not linked to a specific branch (such as values appearing under the "Unassigned" column), allowing you to improve the accuracy of financial allocations.
From the top of the report, you can:
Select a predefined date range or set a custom time period
Choose the currency to display the report in
Filter by supplier, customer, branch, project, or cost center
Export the report in PDF or Excel format
Note: You cannot customize the columns in this report. Some columns are fixed and essential for ensuring the integrity and accuracy of your financial statements.
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