Profit & Loss Report

Profit & Loss (Income Statement)

Go to Accounting > Reporting > Profit & Loss. Shows revenue, COGS, gross profit, operating expenses, and net profit for the selected period.

Customisation Options

• Date Range - Current month, quarter, year, or custom.
• Compare Periods - Show previous period, previous year, or budget.
• Columns - Actual, Budget, Previous Year, Variance.
• Group By - Account group, month, quarter.
• Hierarchy - Expand/collapse account groups to drill into detail.
• Export - Print PDF or export to Excel/CSV.

Key Line Items

• Revenue - Sales income from products and services.
• Cost of Goods Sold - Direct costs of products sold.
• Gross Profit - Revenue minus COGS.
• Operating Expenses - Salaries, rent, utilities, marketing, depreciation.
• Operating Profit (EBIT) - Gross profit minus operating expenses.
• Other Income/Expenses - Interest, exchange gains/losses, tax.
• Net Profit - The bottom line.