The Profit and Loss Statement tool allows you to track your business revenues, cost of goods sold (COGS), and operational expenses to calculate the accurate net profit or loss over a customized time period.
Access the P&L Generator:
From the left navigation menu under Accounting Module, select Generate P&L.
Select the Date Range:
In the Date Range selection box, pick the start and end dates for the financial period you wish to analyze (e.g., 2026-08-23 To 2026-09-23).
Click the dark blue Generate button next to the date box.
Review the Financial Statement:
The generated report is divided into distinct sections:
REVENUE: Displays your product revenue (REVENUE - Product), subtracts Sales Discounts and Sales Returns, and gives the Total Revenue.
COST OF GOODS SOLD: Lists your COGS to calculate the Gross Profit/Loss.
EXPENSES: Itemizes operational costs (such as EXP - SALARIES) and displays Total Expenses.
Net Profit/Loss: Shows your final bottom line at the very end of the report.
Print or Export:
Click the Print button in the top right corner to send the document to a printer or save it as a digital PDF.
