Home > Operations > P&L - Voyage
This is a Key Topic, with high value for all users.
...
| Info |
|---|
| You must have the Voyage P&L Summary Module Right selected, under Reports in the Operations module. |
On the Voyage Manager, the P&L panel enables you to access detailed Profit and Loss information for financial monitoring, reconciliation, and auditing. It shows Estimated, Actual, Posted, and Cash columns, as well as Variance columns showing the difference and percentages between Actual and Estimated and Actual and Posted. You can use this information, along with the Estimate, to determine reasons for any variances and see how well you estimated or what you might be able to improve.
...
Operators use this view to see categories of revenues and expenses.
Note: The expanded revenues/expenses will show different format types if users use different Locale languages across the company.
Accounts View
Accounting roles typically use this view to see the name and number of each ledger account affected by the voyage and how costs are allocated to them.
...
| Excerpt |
|---|
Snapshot types include:
|
Estimated, Actual, Posted, Cash, and Variance Columns
- Estimated: These figures come from the Estimate that this voyage originated from. If no Estimate exists, these figures are calculated from the initial data in the voyage when it is created.
...
- Act - Est displays the difference between Actual and Estimated.
- Act - Est % is calculated as (Act-Est)/Absolute value of Est. This ensures that when Estimated and Actual are both negative, the Variance % is negative when Actual is less than Estimated and positive when Actual is greater than Estimated.
- Act - Pst displays the difference between Actual and Posted.
- Act - Pst % is calculated as (Act-Pst)/Absolute value of Act. This ensures that when Posted and Actual are both negative, the Variance % is negative when Actual is less than Posted and positive when Actual is greater than Posted.
...
- Voyage Result
- Net Daily (TCE) = (Net Income − (Total Expenses − (Vessel Expenses + Ballast Bonus + TC In Common Voyage Expenses − Address Commission))) / Voyage Days
Note: TC In Common Voyage Expenses do not include ILOHC or INTHC; these two expenses affect TCE.- For Type G (Gas Carrier) vessels, Net Monthly (TCE) appears in addition to Net Daily (TCE).
- Profit (Loss)
- Market Profit (Loss): Appears if a value is entered in the Market Hire field; note Module Right Edit Market Hire on Voyages with Status Other Than Scheduled.
- Net Voyage Days = Total Voyage Days − Off Hire Days − Waiting Days
Note 1: Net Voyage Days is a rounded-up number. To use this number in any calculation, open to the Voyage Itinerary Port/Date tab and then hover over any value in the PDays, SDays, XSD, or TSday (SDays + XSD) column. The exact number appears, including decimals.
Note 2: For continuous Off Hire it is important to exactly match the “To” with the “From” time on each line of the Off Hire screen in order to avoid unwanted Net Daily (TCE) spikes (since "Net Voyage Days" in in the denominator of the Net Daily (TCE) formula above) - Daily Profit (Loss)
- With Profit Sharing:
- Profit Share
- Net Voy Profit: Total Voyage Profit minus Profit Share
- Net Daily Profit (Loss)
- Total/Off hire days
- Port/Sea days
- With configuration flag CFGShowWaitingCostInVoyagePnL enabled, and if applicable:
- Waiting for Laycan
- Waiting for Orders
Remarks
To add remarks to the current P&L, edit the P&L Remarks field. These remarks are separate from those entered on Snapshots.
...
...