Live P&L vs. conventional BWA

Question:

What is the Live-BWA at Frienton and how does it differ from a conventional BWA?

Answer:

Many entrepreneurs know the problem: The business management evaluation (BWA) from the tax advisor is often several weeks old – too old to respond specifically to current developments. In the meantime, cost structures, revenue developments, or margins may already have changed significantly. With a conventional BWA, business management is done retrospectively – not proactively.

The solution: Frienton's Live P&L

Frineton's Live P&L gives you access at any time to up-to-date financial key figures that are generated directly from your transactions, documents, and categories. This way, you get a clear, up-to-date picture of your company’s financial situation.

Advantages of the Live P&L:

Financial key figures in real time – always available
Automatic linkage with transactions & documents, making receivables & payables transparent (OPOS)
Automatic accruals and deferrals (ARAP/PRAP)
Switch to tax view (SKR03 / SKR04) if needed
Seasonality comparisons (e.g. current month vs. previous year)
Export function as CSV or PDF
Solid basis for management decisions

Typical use cases:

Preparation for bank meetings or investor appointments
Internal discussions with sales or product teams
Management by cost types and categories
Early identification of deviations in results

Notes:

The Live P&L is automatically updated as soon as new documents are recorded or categorized. In other words: No documents → no Live P&L

Balance sheet entries: Interest and depreciation can also be displayed in the Live-BWA if they have been recorded in the balance sheet section.

Tip:

Combine Frienton's Live P&L with the cash flow statement and the integrated budget planning including automated target/actual comparison for maximum transparency and control.

Updated on: 06/12/2025

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