Aser One

LearnAccounting

Read your profit and loss

What came in, what went out, and the profit left for any period.

On the computer, 7 steps

Guide 10 of 14 in Accounting

  1. Open the statement

    In Accounting › Reports, click Profit and loss.

    Open the statement
  2. Pick the period

    Click Last month, or Custom for your own dates.

    Pick the period
  3. Read the result

    Income, expenses, and the profit left between them.

    Read the result
  4. Open a group

    Click a group of expenses to see the accounts inside it.

    Open a group
  5. Pick an account

    Click an account to see what makes up its amount.

    Pick an account
  6. Line by line

    The general ledger lists each entry of that account for the period.

    Line by line
  7. Send it

    Back on the statement, click Excel for your accountant or your bank.

    Send it

Try it on your own business.