Profit and loss account

**The profit and loss account is an accounting document that summarises, for a given period (usually the accounting year, 12 months):** • what the community has sold or produced (the products); what she has consumed (the loads). The income statement will therefore trace the life of the community over a year. As a result, we will be able to determine the accounting result (profit or loss) for the year, distinguishing between: • operating products (Class 7 account); • and operating expenses (Class 6 account). Products: Sales of goods Production of goods and/or services Committees Operating grants Recapture of allocations and provisions \+ financial products \+ exceptional products Charges: Purchases of raw materials and/or goods Other purchases and external charges Taxes and taxes Personnel costs Depreciation allowances and provisions \+ financial charges \+ exceptional loads