Income Statements

Overview

The income statement (a.k.a profit & loss statement) is a financial statement that summarizes the revenues, costs, and expenses incurred during a specified period, usually a fiscal quarter or year.

From the Income Statements endpoint, you can retrieve a business's income statement at a single point in time since inception. See Income Statements endpoint for more details.

Data Model

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All income statements are part of an array of reports. See Reports data type for more details on the report structure and its meta-data.

FieldTypeDescription
section
sortable, filterable
stringRailz normalized account classification. See Accounts.
subSection
sortable, filterable
stringRailz normalized account classification. See Accounts.
group
sortable, filterable
stringRailz normalized account classification. See Accounts.
subGroup
sortable, filterable
stringRailz normalized account classification. See Accounts.
account
sortable, filterable
stringName of the account in the accounting service provider.
subAccountstringName of the sub-account in the accounting service provider.
value
sortable, filterable
decimalBalance of the account in the accounting service provider.

Example Data

{
  "count": 1,
  "reports":
  [
    {
      "meta":
      {
        "reportId": "5fad8a342a88364234392fb5",
        "serviceName": "xero",
        "businessName": "Railz",
        "createdAt": "2020-11-25T01:02:03Z",
        "updatedAt": "2020-11-30T01:02:03Z",
        "startDate": "2020-01-01T00:00:00Z",        
        "endDate": "2020-12-31T00:00:00Z",
        "reportFrequency": "year",
        "currency": "USD"
      },
      "data":
      [
        {
          "section": "Expenses",
          "subSection": "Operating Expenses",
          "group": "Employment Expenses",
          "subGroup": "Contractor Payments",
          "account": "Professional Services",
          "subAccount": "Professional Services - Contractor",
          "value": 500000
        }
      ]
    }
  ]
}

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