Profit - Loss Statement

A Profit-Loss statement shows a company's revenues and expenses related to running the business, such as rent, cost of goods sold, freight, and payroll. Each entry on a P&L statement provides insight into how much money a company made and spent.

In this user case we show you how to create a profit-loss report.

Case summary Ashley Accountant wants to create a profit-loss statement for the year of 2021. She follows the steps: Selecting the report type Defining the criteria of the report Selecting document type

1.  Selecting the report type

To create a profit-loss statement, the person responsible opens the menu Financials | Reports | Financial Reports | PLS - Profit-loss Statement.

The window PLS - Profit-loss Statement opens. 

2. Defining the criteria of the report

The person responsible starts entering the criteria into the sections on the right side of the window.

She enters the period of report. Into section Period, field Target Date From: 01.01.2021 and To: 31.12.2021.

Data in section Period - Date 2 should be also entered as above.  Field Target Date From: 01.01.2021 and To: 31.12.2021.

3. Selecting document type

In the section Document types in the middle of the window, the document types or journal entries that should be displayed on the profit-loss statement report are selected.

Here she selects all document types by right mouse click and choosing: Select All.

• Lorem ipsum dolor sit amet, consectetur adipiscing elit.
• Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
• Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

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