Income Statement Synonyms
Income Statements don't have a universal look or layout.
That's because management teams have full control over the terms & layout of their financial statements.
Here are the other words that management teams can use when creating their Income Statement:
INCOME STATEMENT SYNONYMS:
→Revenue Statement
→Earnings Statement
→Operating Statement
→Statement of Earnings
→Statement of Operations
→Profit and Loss Statement (P&L)
REVENUE SYNONYMS:
→Sales
→Income
→Top Line
→Receipts
→Turnover
→Gross Sales
→Gross Income
COST OF GOODS SOLD SYNONYMS:
→Goods Cost
→Direct Costs
→Cost of Sales
→Cost of Revenue
→Cost of Products Sold
GROSS PROFIT SYNONYMS:
→Sales Profit
→Gross Margin
→Gross Income
→Gross Earnings
OPERATING EXPENSES SYNONYMS:
→Overhead
→Operating Costs
→Operating Outgo
→Sales & Marketing
→Business Expenses
→Operational Expenses
→General & Administrative
→Research & Development
→Selling, General, and Administrative Expenses (SG&A)
OPERATING INCOME SYNONYMS:
→Operating Profit
→Business Income
→Operating Margin
→Operating Earnings
→Operating Cash Flow
→Earnings Before Interest and Taxes (EBIT)
PRE-TAX PROFIT SYNONYMS:
→Pretax Profit
→Pretax Earnings
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