This is a report of your income, cost of sales, expenses, other income, other expenses for the selected month(s)
Report Tip: If you are using a 13th accounting period, run the report twice, once for 12 periods and again with the 13th period. Since many 13th period entries are non-operational, you may get a clearer picture of your business operations with a 12-month P&L.
To select multiple months, click and drag the month selector in the Report Customisation window.
More Details about the Profit & Loss Report
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Income | |||||
Sales | |||||
Retail Sales | £5,318.00 | ||||
Wholesale Sales | £1,567.50 | ||||
Consignment Sales | £2,000.00 | ||||
Total Income | £8,885.50 | ||||
Cost of Sales | |||||
Retail Cost of Sales | £3,419.31 | ||||
Wholesale Cost of Sales | £1,001.33 | ||||
Total Cost of Sales | £4,420.64 | ||||
Gross Profit | £4,464.86 | ||||
Expenses | |||||
Car & Truck Expenses | £100.00 | ||||
Carriage Paid | £48.95 | ||||
Insurance (other than health) | £45.00 | ||||
Interest | |||||
Other Interest | £750.00 | ||||
Legal & Professional Services | £178.90 | ||||
Lease Expenses | |||||
Machinery & Equipment | £100.00 | ||||
Other Business Property | £12.00 | ||||
Supplies | £150.00 | ||||
VAT | £50.00 | ||||
Travel, Meals & Entertainment | |||||
Meals & Entertainment | £1,000.00 | ||||
Utilities | £450.00 | ||||
Wages Paid | £750.00 | ||||
Other Expenses | |||||
Total Expenses | £3,634.85 | ||||
Operating Profit | £830.01 | ||||
Other Income | |||||
Other Expenses | |||||
Net Profit/(Loss) | £830.01 |