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
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Open the statement
In Accounting › Reports, click Profit and loss.

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Pick the period
Click Last month, or Custom for your own dates.

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Read the result
Income, expenses, and the profit left between them.

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

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Pick an account
Click an account to see what makes up its amount.

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

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

Next step
More guides
- 1Invite your accountantName and e-mail, and they get their sign-in details.
- 2Move your books inYour old journal, account by account, checked.
- 3Open your booksCheck the opening, then open the books.
- 4Add an accountA new account under the right parent.
- 5Classify a movementGive an untyped expense its account.
- 6Record a journal entryType the lines, check the balances, send.
- 7Lock a monthClose a finished month to any change.
- 8Reopen a monthAsk to reopen a locked month, then approve it.
- 9Check the VAT you oweThe figures for your monthly VAT return.
- 12Check your trial balanceDebits equal credits, account by account.
- 13See an account’s historyOne account, line by line, back to the sale or expense.
- 14See who owes youCustomers and suppliers, sorted by age.
- The Accounting appAccounting
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