Profit and Loss compares recorded income and costs for a selected period.

1. Choose the period

Open Reports → Profit and Loss. Open the filter and choose the reporting period. Review currency and Accounting Basis.

The filter includes period, comparison, accounting basis, and currency.
The filter includes period, comparison, accounting basis, and currency.

2. Read the statement

Review income and cost of goods, then operating expenses and the resulting profit. Expand or follow an account to understand the activity behind a total.

The statement groups recorded income and expenses for the selected period.
The statement groups recorded income and expenses for the selected period.

3. Compare like periods

Use the comparison option when useful. Check that each column covers the intended dates and the same basis and currency.

4. Download the reviewed copy

Open Export and select the offered format. The download reflects the view you selected.

Export offers the available report formats.
Export offers the available report formats.