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Profit and Loss Report

The profit and loss (P&L) report summarizes the revenues, costs, and expenses incurred during a specific period of time. A P&L report provides information about whether a company can generate profit by increasing revenue, reducing costs, or both.

How to open Profit and Loss Report:

  • Go to the Report module in the left sidebar.
  • Click on the Profit and Loss Report option in the Financial Report section.

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Reports List page

  • Here you can click the Default View option to select from many options like expand every Undergroup to show all Accounts under it.
  • Now, the user is able to Download or Email the profit and loss report in Excel and PDF format by clicking on the Export option.
  • Also, users can select a custom date range for the Profit And Loss report by clicking on the Current Financial Year option.
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Profit & Loss Report

  • In this report, you can check Gross Profit and Net profit Amounts.