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

🚧

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.

Field

Type

Description

section
sortable, filterable

string

Railz normalized account classification. See Accounts.

subSection
sortable, filterable

string

Railz normalized account classification. See Accounts.

group
sortable, filterable

string

Railz normalized account classification. See Accounts.

subGroup
sortable, filterable

string

Railz normalized account classification. See Accounts.

account
sortable, filterable

string

Name of the account in the accounting service provider.

subAccount

string

Name of the sub-account in the accounting service provider.

value
sortable, filterable

decimal

Balance 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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