The Profit & Loss Statement is a summary that calculates on a cash basis to quickly view a snapshot of your business' cash flow.
Important Note: The Profit & Loss Statement is not intended to be used in replacement of the recommended year-end tax reports.
- To access from the Business Tools menu, select Profit & Loss (or from the main toolbar, click Tools then click Profit & Loss).
- Enter a date range to view applicable information.
- Individual entries for any expense category can be viewed by double-clicking on the amount shown in the Expense column (or right-click and select Drill Down).
- To print a listing of individual transactions from a specific category, we recommend printing the Expense Listing by Category which can be accessed from Reports located under the Business Tools menu.