The profit OR loss of a company is the arithmetic difference between the total of revenues and the total of expenses for a given period. The P/L ("Profit and loss statement") is the report summarizing the accounting balances for the accounts you have created to record revenues and expenses.
OpenErp provides various accounting reports which list these accounts.
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|Asked: 10/28/13, 2:14 AM|
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|Last updated: 3/16/15, 8:10 AM|