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Is PnL the same as P&L?

Asked a year ago

I've always used the abbreviation P&L when referring to my profit and loss statements, however, I recently saw a statement using the term PnL. I was wondering if these are the same or if there is a difference that I've missed?

Rhys Hensley

Thursday, October 14, 2021

Yes, PnL, P&L, and PNL all mean the same thing. The ‘n’ or ‘N’ in full stand for ‘and’ in the profit and loss account or statement abbreviation. A P&L account is a financial statement that shows a company’s revenues and expenses over a given period. It determines whether a company has made a profit or loss.

Marty Wagner

Saturday, March 19, 2022

P&L abbreviation is "Profit and Loss." It is a financial term that refers to a financial report summarizing revenues and expenses. Hence, one can determine the profit and loss of a company during a fiscal period.

The profit and loss statement is also known as PnL or P&L. Both abbreviations are used interchangeably, and there is no difference between them.

Lane Cooper

Thursday, June 02, 2022

A profit and loss statement is written in various abbreviations like "PnL, PNL, P&L. A PnL statement is a financial statement that shows all the revenue and expenses of a company that determine whether a company has gained profit or incurred a loss.

Abeeha Qasmi

Thursday, September 15, 2022

There is no difference between PnL and P&L — both the abbreviations are referred to as Profit And Loss. This financial term explains a company's financial position at the end of a fiscal year. People, as per their liking, name this term PnL and P&L. The word "and" can be abbreviated by n, N, or &. So no matter if the term is Pnl, PNL, or P&L, the collective meaning will stay the same.

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