Run the Profit and Loss

If you’re not sure what the profit and loss report is for, see about the Profit and Loss.

1. Go to Reports, then click Profit and Loss - Standard.

2. On the Period list, click the period you want to report on.

   TIP:

   Choose This year or Last year for calendar values, and set financial year-end for specific years.

3. Click Calculate to generate the report.

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   Selecting a ledger links to the Nominal Activity report for transaction details. Return to the Profit and Loss by selecting back in your browser.

4. To save or print the report, on the Export menu, click one of the following options:

   • CSV - Files download to Downloads or prompt to Save, based on browser
   • PDF - PDFs open in a new window/tab; print or save from your browser menu

About the Profit and Loss

Set up financial year, accounting dates and VAT