{"id":999980278,"date":"2026-03-16T10:58:21","date_gmt":"2026-03-16T03:58:21","guid":{"rendered":"https:\/\/bizzi.vn\/?p=999980278"},"modified":"2026-06-09T13:41:44","modified_gmt":"2026-06-09T06:41:44","slug":"what-is-a-public-report","status":"publish","type":"post","link":"https:\/\/bizzi.vn\/en\/what-is-a-public-report\/","title":{"rendered":"What is a P&amp;L Report? Management P&amp;L Strategy for CFOs"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Are you reviewing your monthly P&amp;L report but still don&#039;t understand why your company is profitable yet your accounts are short? Or do you spend up to 15 days closing the books, and by the time the figures reach the CEO, they&#039;re already outdated?<\/span><\/p>\n<p><b>What is a P&amp;L report?<\/b><span style=\"font-weight: 400;\"> From a CFO&#039;s perspective, it&#039;s not just a summary of revenue and expenses to submit to the tax authorities. It&#039;s a strategic tool for measuring operational health, controlling profit margins, and assessing growth quality.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This article by Bizzi will start from the essence, <\/span><b>how to calculate P&amp;L<\/b><span style=\"font-weight: 400;\">, down to the construction method <\/span><b>Profit and loss report by project<\/b><span style=\"font-weight: 400;\"> and the transition strategy <\/span><b>actual P&amp;L report<\/b><span style=\"font-weight: 400;\"> Real-time thanks to automation.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Index<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/bizzi.vn\/en\/what-is-a-public-report\/#Bao_cao_P_L_Profit_and_Loss_Statement_la_gi\" >What is a Profit and Loss Statement (P&amp;L)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/bizzi.vn\/en\/what-is-a-public-report\/#Bao_cao_ket_qua_hoat_dong_kinh_doanh_phan_anh_suc_khoe_tai_chinh_the_nao\" >How does a business performance report reflect the financial health of a company?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/bizzi.vn\/en\/what-is-a-public-report\/#Tai_sao_bao_cao_P_L_co_lai_nhung_dong_tien_van_am_Nghich_ly_trong_quan_tri_tai_chinh\" >Why does the P&amp;L report show a profit, but the cash flow is still negative? The paradox in financial management.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/bizzi.vn\/en\/what-is-a-public-report\/#Cau_truc_va_cach_tinh_P_L_chuan_quan_tri_tu_Doanh_thu_den_EBITDA\" >The structure and calculation of P&amp;L in a standard management system, from Revenue to EBITDA.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/bizzi.vn\/en\/what-is-a-public-report\/#Quy_trinh_xay_dung_bao_cao_lai_lo_theo_du_an_de_danh_gia_hieu_qua_dau_tu\" >The process of constructing a profit and loss report by project to evaluate investment efficiency.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/bizzi.vn\/en\/what-is-a-public-report\/#Chien_luoc_chuyen_doi_sang_P_L_thoi_gian_thuc_nho_tu_dong_hoa_R2R\" >Strategy for transitioning to real-time P&amp;L through R2R automation.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/bizzi.vn\/en\/what-is-a-public-report\/#Ky_thuat_Forensic_P_L_giup_phat_hien_gian_lan_va_that_thoat_chi_phi\" >Forensic P&amp;L techniques help detect fraud and expense misappropriation.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/bizzi.vn\/en\/what-is-a-public-report\/#Cau_hoi_thuong_gap_ve_quan_tri_va_phan_tich_bao_cao_lai_lo_FAQ\" >Frequently Asked Questions about Profit and Loss Statement Management and Analysis (FAQ)<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/bizzi.vn\/en\/what-is-a-public-report\/#Phan_bo_chi_phi_chung_cong_bang_nhat_bang_cach_nao\" >What is the fairest way to allocate overhead costs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/bizzi.vn\/en\/what-is-a-public-report\/#EBITDA_va_Loi_nhuan_rong_khac_nhau_ra_sao\" >What is the difference between EBITDA and Net Profit?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/bizzi.vn\/en\/what-is-a-public-report\/#Co_bat_buoc_lap_P_L_theo_mau_Thong_tu_200_cho_quan_tri_noi_bo_khong\" >Is it mandatory to prepare a P&amp;L (Personal Account and Revenue) report according to the Circular 200 template for internal management?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/bizzi.vn\/en\/what-is-a-public-report\/#Flash_Report_co_thay_the_P_L_chinh_thuc_khong\" >Can Flash Report replace the official P&amp;L?\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/bizzi.vn\/en\/what-is-a-public-report\/#Ket_luan_Tu_hieu_dung_ban_chat_den_quan_ly_P_L_theo_thoi_gian_thuc\" >Conclusion: From understanding the true nature of P&amp;L to managing it in real time.<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Bao_cao_P_L_Profit_and_Loss_Statement_la_gi\"><\/span><strong>What is a Profit and Loss Statement (P&amp;L)?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Before discussing management, CFOs need to understand the standard definition. The Profit and Loss Statement (P&amp;L) is a consolidated financial report reflecting the revenue, expenses, and profit of a business over a specific accounting period, prepared according to the accrual basis.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unlike the Balance Sheet, which reflects a &quot;snapshot&quot; of a single point in time, the P&amp;L (Payment and Revenue) is a &quot;film&quot; recording the performance of operations over an accounting period. Structurally, the P&amp;L includes core components: net revenue, cost of goods sold (COGS), selling and administrative expenses (SG&amp;A), operating profit, and net profit. But for a CFO, managing the P&amp;L goes beyond simply &quot;looking at the numbers&quot;; it&#039;s about understanding the value stream that generates top-line growth and its potential to translate into bottom-line efficiency.<\/span><\/p>\n<figure id=\"attachment_999980282\" aria-describedby=\"caption-attachment-999980282\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-999980282\" src=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/bao-cao-pl-la-gi.png\" alt=\"What is a PL report? 4\" width=\"1200\" height=\"800\" title=\"\" srcset=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/bao-cao-pl-la-gi.png 1500w, https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/bao-cao-pl-la-gi-300x200.png 300w, https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/bao-cao-pl-la-gi-1024x683.png 1024w, https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/bao-cao-pl-la-gi-768x512.png 768w, https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/bao-cao-pl-la-gi-18x12.png 18w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-999980282\" class=\"wp-caption-text\">The Profit and Loss Statement (P&amp;L) is a comprehensive financial report reflecting a company&#039;s revenue, expenses, and profit over a specific accounting period, prepared according to the accrual basis.<\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"Bao_cao_ket_qua_hoat_dong_kinh_doanh_phan_anh_suc_khoe_tai_chinh_the_nao\"><\/span><strong>How does a business performance report reflect the financial health of a company?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A &quot;green&quot; P&amp;L figure doesn&#039;t necessarily mean a business is safe. To understand this correctly, it&#039;s necessary to analyze the operational nature behind the numbers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The income statement reflects three pillars: Revenue (Top-line), Operating Expenses (COGS and OpEx), and Profit (Bottom-line). The CFO uses... <\/span><b>actual P&amp;L report<\/b><span style=\"font-weight: 400;\"> To assess profitability and cost control effectiveness, not just to fulfill tax obligations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A key difference lies in distinguishing between financial P&amp;L and management P&amp;L. Financial P&amp;L serves shareholders and adheres to VAS\/IFRS standards. Management P&amp;L, on the other hand, is more flexible, allowing for the separation of fixed and variable costs, by product, or by department to support decision-making.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A common mistake made by Vietnamese businesses is preparing only P&amp;L based on tax forms, neglecting management P&amp;L, leading to a lack of operational information. This paradox arises when the company has profits on paper but lacks cash flow.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tai_sao_bao_cao_P_L_co_lai_nhung_dong_tien_van_am_Nghich_ly_trong_quan_tri_tai_chinh\"><\/span><strong>Why does the P&amp;L report show a profit, but...? <a href=\"https:\/\/bizzi.vn\/dong-tien-la-gi\">cash flow<\/a> Still in the red? The paradox in financial management.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The &quot;Profit rich, Cash poor&quot; phenomenon stems from the discrepancy between accrual accounting and actual cash flow. Revenue is recognized when invoices are issued, but the money may not yet have been collected. When accounts receivable grow faster than cash inflows, working capital gets tied up.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The basic formula is: Cash Flow \u2260 Net Profit.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The key indicator here is the Cash Conversion Cycle (CCC) and <a href=\"https:\/\/bizzi.vn\/dso-la-gi\">DSO (Days Sales Outstanding)<\/a>If revenue growth is rapid but the deadweight loss (DSO) is prolonged, the business faces liquidity risk even if the P&amp;L remains positive.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The concept of &quot;Quality of Earnings&quot; also needs to be emphasized. High-quality earnings are those that can be quickly converted into cash. As a P&amp;L manager, the CFO must closely monitor accounts receivable and cash flow simultaneously.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The practical solution is to integrate accounts receivable management into the system. Bizzi ARM helps track the aging of each invoice, alerts about discrepancies, and continuously compares actual P&amp;L reports with real cash flow, minimizing liquidity traps.<\/span><\/p>\n<figure id=\"attachment_999980279\" aria-describedby=\"caption-attachment-999980279\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-999980279\" src=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/bao-cao-pl-la-gi-1.webp\" alt=\"What is a PL report? 4\" width=\"1200\" height=\"709\" title=\"\" srcset=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/bao-cao-pl-la-gi-1.webp 2560w, https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/bao-cao-pl-la-gi-1-300x177.webp 300w, https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/bao-cao-pl-la-gi-1-1024x605.webp 1024w, https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/bao-cao-pl-la-gi-1-768x454.webp 768w, https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/bao-cao-pl-la-gi-1-1536x907.webp 1536w, https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/bao-cao-pl-la-gi-1-2048x1210.webp 2048w, https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/bao-cao-pl-la-gi-1-18x12.webp 18w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-999980279\" class=\"wp-caption-text\">Example of a P&amp;L report template<\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"Cau_truc_va_cach_tinh_P_L_chuan_quan_tri_tu_Doanh_thu_den_EBITDA\"><\/span><strong>The structure and calculation of P&amp;L in a standard management system, from Revenue to EBITDA.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">To understand in depth <\/span><b>how to calculate P&amp;L<\/b><span style=\"font-weight: 400;\">The CFO needs to start from the profit margin structure. <\/span><span style=\"font-weight: 400;\">Modern management models are often based on the Contribution Margin: Net revenue minus variable costs to determine the contribution to covering fixed costs. From this, EBITDA is calculated \u2013 a measure reflecting core operational efficiency before the impact of financial leverage and depreciation policies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Basic formula:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Gross Profit = Net Revenue \u2013 COGS<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Operating Profit (EBIT) = Gross Profit \u2013 OpEx<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Net Income = EBIT \u2013 Interest \u2013 Taxes<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">EBITDA is considered the closest \u201cproxy\u201d to operating cash flow. When comparing across periods, EBITDA helps eliminate the impact of capital structure and accounting policies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, in order <\/span><b>P&amp;L management<\/b><span style=\"font-weight: 400;\"> To be effective, CFOs need to clearly separate direct and indirect costs. Inaccuracies in input data will lead to misjudgments of profit margins.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In practice, expense data is often inaccurate due to manual data entry from invoices. Bizzi Bot automatically extracts input invoice data with accuracy exceeding 99%, ensuring that COGS and OpEx figures accurately reflect reality. This forms the foundation for building... <\/span><b>actual P&amp;L report<\/b><span style=\"font-weight: 400;\"> reliable.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Quy_trinh_xay_dung_bao_cao_lai_lo_theo_du_an_de_danh_gia_hieu_qua_dau_tu\"><\/span><strong>The process of constructing a profit and loss report by project to evaluate investment efficiency.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">When a business expands its product portfolio or undertakes multiple projects simultaneously, the overall P&amp;L is no longer sufficient for decision-making.<\/span><\/p>\n<p><b>Profit and loss report by project<\/b><span style=\"font-weight: 400;\"> It is a tool for determining the individual profit margin of each investment item. The biggest challenge lies in allocating overhead costs. <\/span><span style=\"font-weight: 400;\">Project revenue is relatively easy to determine, but indirect costs such as admin salaries, utilities, and server costs require a proper allocation method. Businesses can allocate these costs based on revenue or direct labor hours. Incorrect allocation can lead the CFO to cut off profitable projects while retaining loss-making ones.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">An advanced approach is a simplified Activity-Based Costing (ABC) model, which links costs to value-creating activities.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In terms of systems, <a href=\"https:\/\/bizzi.vn\/quan-ly-chi-phi\/\">Bizzi Expense<\/a> This allows you to set up a Cost Center or Project Code from the start. When employees submit payment requests, they are required to select the relevant project. Costs are automatically mapped to the appropriate project. <\/span><b>Profit and loss report by project<\/b><span style=\"font-weight: 400;\"> In real time, instead of accountants having to manually allocate funds at the end of the month.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Chien_luoc_chuyen_doi_sang_P_L_thoi_gian_thuc_nho_tu_dong_hoa_R2R\"><\/span><strong>Strategy for transitioning to real-time P&amp;L through R2R automation.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">One of the biggest challenges for CFOs is data lag. Last month&#039;s P&amp;L report might not be finalized until the 20th of the following month, causing businesses to react too slowly.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Real-time P&amp;L is the result of automating the Record-to-Report (R2R) process. By using AI and RPA to process invoices and account automatically, closing time can be shortened from 10\u201315 days to 1\u20133 days.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The process consists of three layers: Bizzi Bot processes incoming invoices, clean data is pushed into the ERP system, and then an EPM system like Sacton integrates and presents a visual P&amp;L dashboard for the CFO. This allows businesses to quickly generate Flash Reports while ensuring high accuracy.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is an important step in the transition from &quot;recovery&quot; P&amp;L to <\/span><b>actual P&amp;L report<\/b><span style=\"font-weight: 400;\"> It is predictive in nature.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ky_thuat_Forensic_P_L_giup_phat_hien_gian_lan_va_that_thoat_chi_phi\"><\/span><strong>Forensic P&amp;L techniques help detect fraud and expense misappropriation.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In addition to analyzing efficiency, P&amp;L is also a tool for risk control.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Forensic P&amp;L is a trend and proportion analysis method used to detect anomalies. If the OpEx\/Revenue ratio spikes or the cost of goods sold fluctuates unusually relative to production volume, the CFO needs to investigate immediately.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Common risks include fictitious invoices, inflated purchase values, or duplicate payments. Instead of only discovering these issues after the money has been lost, a better strategy is prevention.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bizzi applies a mechanism <a href=\"https:\/\/bizzi.vn\/3-way-matching-la-gi\/\">3-Way Matching<\/a> The system automatically compares invoices, purchase orders (PO), and warehouse receipts. If the amount on the invoice exceeds the PO, the system immediately blocks payment. This ensures that the expenses recorded in the bill of lading (P&amp;L) are valid and accurate.<\/span><\/p>\n<figure id=\"attachment_999980267\" aria-describedby=\"caption-attachment-999980267\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-999980267\" src=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/quy-trinh-quan-ly-nha-cung-cap-.png\" alt=\"What is a PL report? 4\" width=\"1200\" height=\"723\" title=\"\" srcset=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/quy-trinh-quan-ly-nha-cung-cap-.png 2048w, https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/quy-trinh-quan-ly-nha-cung-cap--300x181.png 300w, https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/quy-trinh-quan-ly-nha-cung-cap--1024x617.png 1024w, https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/quy-trinh-quan-ly-nha-cung-cap--768x463.png 768w, https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/quy-trinh-quan-ly-nha-cung-cap--1536x926.png 1536w, https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/quy-trinh-quan-ly-nha-cung-cap--18x12.png 18w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-999980267\" class=\"wp-caption-text\">Bizzi Bot automatically performs intelligent 3-way verification of invoices, purchase orders, and warehouse receipts.<\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"Cau_hoi_thuong_gap_ve_quan_tri_va_phan_tich_bao_cao_lai_lo_FAQ\"><\/span><strong>Frequently Asked Questions about Profit and Loss Statement Management and Analysis (FAQ)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"Y3BBE\" data-sfc-cp=\"\" data-sfc-cb=\"\" data-hveid=\"CAEQAA\" data-processed=\"true\">The Profit and Loss (P&amp;L) statement is a financial report that measures revenue, expenses, and net profit over a period, helping businesses assess business performance, control costs, and forecast cash flow. It is a core tool for managing profitability, risk management, and strategic decision-making.<span class=\"uJ19be notranslate\" data-wiz-uids=\"d0LXoc_b,d0LXoc_c\" data-sfc-cb=\"\" data-processed=\"true\"><span class=\"vKEkVd\" data-animation-atomic=\"\" data-wiz-attrbind=\"class=d0LXoc_a\/TKHnVd\" data-processed=\"true\"><span aria-hidden=\"true\" data-processed=\"true\">\u00a0<\/span><\/span><\/span>Below are frequently asked questions (FAQs) about managing and analyzing profit and loss statements:<\/div>\n<h3><span class=\"ez-toc-section\" id=\"Phan_bo_chi_phi_chung_cong_bang_nhat_bang_cach_nao\"><\/span><b>What is the fairest way to allocate overhead costs?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The ABC method, or revenue-based allocation, is common, but the most important thing is to link costs to the correct Cost Center as soon as they are incurred.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"EBITDA_va_Loi_nhuan_rong_khac_nhau_ra_sao\"><\/span><b>What is the difference between EBITDA and Net Profit?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EBITDA reflects core operating efficiency, while Net Profit represents the value remaining for shareholders after interest and taxes.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Co_bat_buoc_lap_P_L_theo_mau_Thong_tu_200_cho_quan_tri_noi_bo_khong\"><\/span><b>Is it mandatory to prepare a P&amp;L (Personal Account and Revenue) report according to the Circular 200 template for internal management?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">No. Tax reporting is mandatory by law, but management P&amp;L should be designed with flexibility to support decision-making.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Flash_Report_co_thay_the_P_L_chinh_thuc_khong\"><\/span><b>Can Flash Report replace the official P&amp;L?\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Flash reports support rapid decision-making with an accuracy of approximately 90\u201395% (%). Formal P&amp;L reports are still needed to ensure compliance with 100% (%).<\/span><\/p>\n<figure id=\"attachment_999980280\" aria-describedby=\"caption-attachment-999980280\" style=\"width: 781px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-999980280 size-full\" src=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/bao-cao-pl-la-gi-2.png\" alt=\"What is a PL report? 4\" width=\"781\" height=\"483\" title=\"\" srcset=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/bao-cao-pl-la-gi-2.png 781w, https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/bao-cao-pl-la-gi-2-300x186.png 300w, https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/bao-cao-pl-la-gi-2-768x475.png 768w, https:\/\/bizzi.vn\/wp-content\/uploads\/2026\/03\/bao-cao-pl-la-gi-2-18x12.png 18w\" sizes=\"(max-width: 781px) 100vw, 781px\" \/><figcaption id=\"caption-attachment-999980280\" class=\"wp-caption-text\">The profit and loss (P&amp;L) statement is a core tool for managing profitability, risk management, and strategic decision-making.<\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"Ket_luan_Tu_hieu_dung_ban_chat_den_quan_ly_P_L_theo_thoi_gian_thuc\"><\/span><b>Conclusion: From understanding the true nature of P&amp;L to managing it in real time.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Clearly understand <\/span><b>What is a P&amp;L report?<\/b><span style=\"font-weight: 400;\"> This is just the beginning. The real value lies in how the CFO uses it to <\/span><b>P&amp;L management<\/b><span style=\"font-weight: 400;\">, optimizing profit margins and protecting cash flow. <\/span><span style=\"font-weight: 400;\">When businesses master <\/span><b>how to calculate P&amp;L<\/b><span style=\"font-weight: 400;\">, deployment <\/span><b>Profit and loss report by project<\/b><span style=\"font-weight: 400;\"> and move on <\/span><b>actual P&amp;L report<\/b><span style=\"font-weight: 400;\"> In real time, they not only have the data but also the ability to act quickly.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bizzi plays a pivotal role in this journey: automating invoice processing, standardizing expense data, and connecting to a unified reporting system. As a result, CFOs no longer passively wait for end-of-month reports, but can manage their businesses based on accurate, transparent, and up-to-date data.<\/span><\/p>\n<p><em><strong>To receive advice on management solutions tailored to your business, schedule an appointment here:\u00a0<a href=\"https:\/\/bizzi.vn\/dat-lich-demo\/\">https:\/\/bizzi.vn\/dat-lich-demo\/<\/a><\/strong><\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>B\u1ea1n \u0111ang xem b\u00e1o c\u00e1o P&amp;L h\u00e0ng th\u00e1ng nh\u01b0ng v\u1eabn kh\u00f4ng hi\u1ec3u v\u00ec sao c\u00f4ng ty c\u00f3 l\u00e3i m\u00e0 t\u00e0i kho\u1ea3n l\u1ea1i thi\u1ebfu ti\u1ec1n? Hay&#8230;<\/p>","protected":false},"author":56,"featured_media":999980283,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[76,86],"tags":[],"class_list":["post-999980278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-goc-nhin-cfo","category-giam-sat"],"acf":[],"_links":{"self":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999980278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/comments?post=999980278"}],"version-history":[{"count":1,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999980278\/revisions"}],"predecessor-version":[{"id":999980284,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999980278\/revisions\/999980284"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/media\/999980283"}],"wp:attachment":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/media?parent=999980278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/categories?post=999980278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/tags?post=999980278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}