Skip to main content

Categories explained: Current Year Earnings

Steven Anderson avatar
Written by Steven Anderson
Updated over a week ago

Current year earnings is an amount that sits on your balance sheet as the balancing figure between your assets, liabilities and equity. It is automatically calculated based on all of the expenses deducted from your income in the current year.

What's included

All of your income and all of your expenses.

What's not included

Any movements in your balance sheet (things that effect assets, liabilities or equity).

Did this answer your question?