> ## Documentation Index
> Fetch the complete documentation index at: https://integrations.docs.commenda.io/llms.txt
> Use this file to discover all available pages before exploring further.

# Overview

> An Income Statement is a financial report that shows a business's revenue, expenses, and net income or loss over a specific period of time. In an accounting platform, an income statement is typically generated automatically based on the financial transactions that have been recorded in the system.

| Property                 | Type                                                                           | Description                                                   |
| ------------------------ | ------------------------------------------------------------------------------ | ------------------------------------------------------------- |
| platform\_id             | string                                                                         | The Platform's ID for the income statement                    |
| period\_start            | date                                                                           | Start date of the income statement report                     |
| period\_end              | date                                                                           | End date of the income statement report                       |
| revenue                  | [Line Item](/api-reference/v3/accounting/income-statements/overview#line-item) | Line Items for revenue of income statement report             |
| cost\_of\_goods\_sold    | [Line Item](/api-reference/v3/accounting/income-statements/overview#line-item) | Line Items for revenue of income statement report             |
| operating\_expenses      | [Line Item](/api-reference/v3/accounting/income-statements/overview#line-item) | Line Items for operating\_expenses of income statement report |
| operating\_profit        | float                                                                          | Operating profit of the income statement report               |
| non\_operating\_revenue  | [Line Item](/api-reference/v3/accounting/income-statements/overview#line-item) | Non operating revenue of the income statement report          |
| non\_operating\_expenses | [Line Item](/api-reference/v3/accounting/income-statements/overview#line-item) | Non operating expense of the income statement report          |
| gross\_profit            | float                                                                          | Gross profit of the income statement report                   |
| net\_profit              | float                                                                          | Net profit of the income statement report                     |

### Line Item

Each line item is a nested object providing additional information about Income Statement with the following attributes:

| Property    | Type   | Description                                                         |
| ----------- | ------ | ------------------------------------------------------------------- |
| name        | string | Name of the line item                                               |
| value       | float  | Value of the line item                                              |
| line\_items | array  | Line items of the line item, only if further breakdown is available |
| account\_id | string | The Platform's ID for this item, only if this is the root line item |

<ResponseExample name="The Income Statement Object">
  ```json The Income Statement Response Object theme={null}
  {
    "platform_id": "IS2023-123",
    "period_start_date": "2023-09-28T00:00:00.000Z",
    "period_end_date": "2023-09-28T00:00:00.000Z",
    "currency_id": "3770712000000000099",
    "revenue": [
      {
        "name": "Operating Revenue",
        "value": 0,
        "line_items": [
          {
            "name": "Discount",
            "value": 0,
            "account_id": "3770712000000000406"
          },
          {
            "name": "General Income",
            "value": 0,
            "account_id": "3770712000000000391"
          }
        ]
      }
    ],
    "cost_of_goods_sold": [
      {
        "name": "Cost of Goods Sold",
        "value": 0,
        "line_items": [
          {
            "name": "Cost of Goods Sold",
            "value": 0,
            "account_id": "3770712000000034003"
          },
          {
            "name": "Job Costing",
            "value": 0,
            "account_id": "3770712000000076066"
          }
        ]
      }
    ],
    "gross_profit": 58000.0,
    "operating_expenses": [
      {
        "name": "Operating Expenses",
        "value": -8.5,
        "line_items": [
          {
            "name": "Automobile Expense",
            "value": 0,
            "account_id": "3770712000000000424"
          },
          {
            "name": "Consultant Expense",
            "value": -8.5,
            "account_id": "3770712000000000454"
          }
        ]
      }
    ],
    "operating_profit": 30000.0,
    "non_operating_revenue": [
      {
        "name": "Non Operating Revenue",
        "value": 0,
        "line_items": []
      }
    ],
    "non_operating_expenses": [
      {
        "name": "Non Operating Expenses",
        "value": 0,
        "line_items": []
      }
    ],
    "earnings_before_taxes": 31800.0,
    "taxes": [
      {
        "account_id": "TAX-4001",
        "value": 8200.0,
        "name": "Income Tax"
      }
    ],
    "net_profit": 23500.0
    "updated_at": "2021-09-28T00:00:00.000Z",
  }
  ```
</ResponseExample>