Piloting consists of three parts:
Key indicator: your profit for the year (before tax)
Graph: month-by-month evolution of your income/expenditure and profit
Category: breakdown of your income/expenses by category
Key indicator
Pre-tax profit = income - expenses.
❔💡 Pre-tax income is the basis for calculating your social security contributions and taxes. It is therefore the key indicator to monitor.
Graph: month-by-month evolution
Income totals all your accounts beginning with 7. They are shown in blue on the graph. Example: sales invoices, amounts received on account, royalties, sales of capital goods, etc.
Expenses total all your accounts beginning with 6. They are shown in pink on the chart. Example: all current expenses, salaries, depreciation, interest on a loan, etc.
⚠️ Income and expenses are both shown in positive! This makes it easier to compare them.
📊 The curved line represents profit before tax. It is displayed in dark blue or dark pink, depending on whether it is positive or negative.
Income/expenditure categories
In this section, we list the families and categories of income and expenses:
Families: when you enter your income or expenses, you'll find your families. They are listed in descending order: from the largest family to the smallest. If the family has no transactions for the selected year, it is not displayed.
Categories: by clicking on a family, you'll find its related categories, again sorted in descending order.
What's the difference between control and my invoice list?
In this part of the application, we're talking about your accounting figures. These are the figures used for your tax return. These figures differ from your invoice list for several reasons. In Pilotage, we manage these particularities:
VAT: if you are subject to VAT, the amounts are shown exclusive of VAT. This is in contrast to the invoice list, which shows amounts including VAT.
Depreciation: depreciation is included. Example: you have a computer worth €1,210 incl. VAT in your invoice list. From an accounting point of view, the expense is €1,000 excluding VAT and is depreciated over three years. Pilotage will therefore take on an expense of €333.33 over the year, spread month by month, i.e. €27.78/month.
Financial: if you have income/expenses in your financial statements, they will appear in the Pilotage, but no invoice will be associated with them. Example: income from rent or health insurance, bank charges or social security contributions.