English | German |
profit and loss account | GuV-Konto (A revenue or expense account whose balance will be transferred to a retained earnings account at the end of a fiscal year. Balances in profit and loss accounts determine the net income or net loss for the year) |
profit and loss statement | Gewinn- & Verlustrechnung (A report that summarizes a company's costs, expenses, and revenues for a specific accounting period) |
profit and loss transaction | Gewinn- und Verlustbuchung (A posted ledger transaction that is associated with a profit and loss account, revenue account, or cost account) |