P&L

P&L




View the P&L Statement to see the revenues and expenses posted to the branch's P&L. 

Tips:
  1. Transactions will appear one day after the transaction has been posted in the Accounting system. 
  2. Command Center Financials data refreshes nightly around 1am PDT. This means:
    1. If Accounting posts: an invoice, payment, reclass or any transaction today, you will see it reported in Command Center Financials the next day. 
    2. Fundings will show in Command Center Financials in two business days after the funding date.  
  3. Use the menu bar options at the top of the P&L to perform actions:



View the Financials P&L

      1. Navigate to Financials from the left-hand menu. 
      2. P&L is the default view on the Financials page. Select the Branch, Year and Month(s), then click on View Report. 
  1. Note: If you manage more than one branch, you should see those branches listed in the branch list drop-down menu. Be careful to select one branch to see an individual's branch's P&L. The system will allow you to select multiple branches in the drop-down. When multiple branches are selected, the data will combine all branches selected in the P&L report. 
  2. If a drop-down menu doesn't automatically disappear, click on the drop-down menu again to make it disappear. 



      3. This will display your total: Revenues, Expenses and Net Income for the month, as well as a grand total if multiple months have been selected. Click on the arrow to expand the Group shown in the second column to see the Financial Group breakdown. 

      Income Statement Fields: 
  1. Revenue: The amount a branch receives from funded loans. 
  2. Expense: All branch expenses. 
  3. Net Income: Branch Revenue minus Expenses equals the Net Income. 
  4. LTD Balance: This is the LTD (Life to Date) income statement balance. It includes prior year carry over balances. 
  5. Inhouse Volume: Retail or wholesale loan volumes for the month. 
  6. Brokered Volume: Brokered loan volumes for the month. 
  7. Total Volume: Total volume of inhouse and brokered loans for the month. 
  8. Basis Points: Units of measure for financial percentages.

      

      4. Hover over the amount, a hand icon will appear. Click on the amount field and Command Center will display the general ledger detail relating to the amount. 



      5. This will display the Income Report General Ledger by Transaction Level for the period. (In the image above, the Branch Margin was selected. Thus, the following report will list the breakdown by Branch Margin). The transaction levels will differ based on the amount field selected in the P&L Report. 
      
      G/L Transaction Fields: 
  1. YTD: Year to Date branch totals. The date will default to show MTD transactions. If you click on the YTD link , you will see the YTD transactions.  
  2. Vendor (If there is a Vendor Name, the transaction is an invoice)
  3. Transaction Description
  4. Branch ID Number
  5. Invoice Number
  6. Reference Number 
  7. Posting Date
  8. Revenue or Expense Amount
    1. Hover over the amount, a hand icon will appear. Click on the amount field and Command Center will show if the amount was allocated to a specific loan or employee ID. 
  9. Images: Supporting documents that are associated with the transaction. Click on the image link  to view invoices for payables. 



If you have any questions specific to the data being reported in Command Center Financials Reporting: 
  1. Northeast (D'Onofrio/Schultz) Division please contact Leonard Kupersmith LKupersmith@afncorp.com. 
  2. All other branches contact financials@afncorp.com with screenshots of the transaction in question. 

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