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Profit & Loss

View your business performance with a Profit & Loss statement.

Overview

The Profit & Loss (P&L) report shows your:

  • Revenue: Income from paid invoices
  • Expenses: Categorised by Chart of Accounts (shown ex-GST)
  • Net Profit: Revenue minus expenses

Expense Amounts

The P&L report shows expenses excluding GST (i.e., amount - gst_amount). GST is reported separately in your BAS report.

Generating a Report

  1. Navigate to Reports → Profit & Loss
  2. Select the date range (defaults to the Australian financial year, July to June)
  3. Review the breakdown by category

Expenses are grouped by their assigned account from the Chart of Accounts.

Exporting

Click Export to download the P&L report as a CSV file for your accountant or records.