Profit and loss budget

Meaning

A profit and loss budget—also called an operating budget—is an attempt to estimate your expenses and income over a period of time.

Key points

• Profit and loss budget appears frequently in invoicing, payment handling, and bookkeeping workflows.
• The term improves clarity between clients, suppliers, and accounting teams.
• Consistent use supports cleaner documentation and better reporting quality.

Practical use

In Nexbal workflows, profit and loss budget is used to keep invoice and payment operations structured and auditable.