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 button.
Now, the user is able to export the profit and loss report in Excel and PDF format.