Profit and Loss

A profit and loss report summarizes the total income and expenses of a business in a specific period of time.

The basic formula of the profit and loss report is Revenue – Expenses = Profit or Loss.

Run a Profit and Loss Report

  1. Click Reports in the navigation bar.
  2. Find and click the Profit and Loss report.
    Run a Profit and Loss Report
  3. (Optional) Change the Report period if needed.
    Run a Profit and Loss Report
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