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Income Statement Tab

Income Statement

The Income Statement Tab (also known as a Profit and Loss statement) summarizes your revenues and expenses over the lifetime of your ledger, showing your net profit or loss.

📈 Income vs. Expenses​

Net Income Trend Expenses Pie Chart

The statement is divided into two primary sections:

  • Income: Revenue inflows (e.g., Income:Salary, Income:Dividends). In Beancount, inflows are represented as negative numbers internally. The dashboard flips the sign for display so that income appears as a positive value.
  • Expenses: Operational outflows (e.g., Expenses:Food, Expenses:Rent). Expenses are positive values.

Net Profit Calculation​

At the bottom of the statement, the Net Profit (or Net Loss) is computed:

Net Profit = Total Income - Total Expenses

If your income exceeds your expenses, you have a net profit (displayed in green). If expenses exceed income, it is a net loss (displayed in red).

🏛 Valuation Methods​

Like the Balance Sheet, you can view the Income Statement through three valuation lenses:

  1. Market Value: Converts all flows to your Operating Currency using the latest market prices.
  2. At Cost: Evaluates flows using the cost basis at the time of transaction.
  3. Units: Displays raw counts (e.g. 1200 USD, 150 EUR) without conversion.