The Profit & Loss (P&L) report gives you a clear picture of your business’s financial health.
Viewing your P&L
- Go to Reports → Profit & Loss
- Select the date range
- View your income, expenses, and net profit
What’s included
- Total income — All recorded business income
- Total expenses — Broken down by IRS category
- Net profit — Income minus expenses (this is what goes on your Schedule C)
Exporting
- Click “Export” to download as PDF or CSV
- PDF includes visual charts for easy review
- CSV is useful for sharing with your accountant