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P&L or P/L?
Posted: 16 Jun 2022, 15:00
by Marek Muc
how do you abbreviate profit or loss? P&L or P/L?
On one hand, there is no 'and' in 'profit or loss', so why use '&'?
On the other hand, it's 'P and L' in the abbreviation...
Re: P&L or P/L?
Posted: 16 Jun 2022, 15:06
by Marek Muc
Re: P&L or P/L?
Posted: 16 Jun 2022, 15:10
by pub_acco
PL
Re: P&L or P/L?
Posted: 16 Jun 2022, 15:12
by Marek Muc
- third option.jpg (14.55 KiB) Viewed 5050 times
Re: P&L or P/L?
Posted: 16 Jun 2022, 15:58
by JRSB
between accountants, yes PL or IS I'd say.
otherwise 'profit or loss account'
or anything in between.
Re: P&L or P/L?
Posted: 20 Jun 2022, 07:15
by JakobLavrod
We use PnL
Re: P&L or P/L?
Posted: 20 Jun 2022, 14:16
by Marek Muc
Almost like 'P&L'
Re: P&L or P/L?
Posted: 29 Jun 2022, 05:55
by david1
I'm almost always be using P&L
Re: P&L or P/L?
Posted: 29 Jun 2022, 07:00
by JakobLavrod
PnL or P&L gives the correct impression that one is looking at a combined concept
P/L gives the impression of a ratio (like C/I or P/E), which it is not. Not a problem if you know what it means, but good terminology should really explain itself
Re: P&L or P/L?
Posted: 29 Jun 2022, 22:00
by Marek Muc
I like this point!