Profit and Loss Statement for Small Businesses
Review revenue, costs and expenses by reporting period and currency, then export a profit and loss statement from the Accounts ledger.
Open the profit and loss reportChoose a period and currency
Compare revenue and expenses posted in the same reporting period. Review the entries behind large or unusual changes before sharing a report.
Read the result
In a simple example, USD 5,000 of revenue less USD 3,000 of costs and expenses leaves USD 2,000 profit. Use the cash report separately to see when money moved.
Share supporting figures
Export the report from saved records and keep it alongside any supporting entries or period-close notes.