Profit and Loss
The Profit and Loss report type is a financial statement that shows a company's revenues, expenses, and net profit or loss over a specific period of time. It is also known as an Income Statement.
Benefits of the profit and loss workbooks
- AFinancial Performance: Assesses the company's profitability and overall financial health.
- Trend Analysis: Identifies trends in revenue, expenses, and profitability over time.
- Decision Making: By analyzing revenue sources and spending patterns, the non-profit can make informed decisions about resource allocation. They can see which programs are most effective in terms of cost and impact, allowing them to optimize their mission fulfillment.
- Investor Relations: Helps communicate financial performance to investors and stakeholders.
- Tax Planning: Assists in tax planning and compliance.
Available reports
| Report | Description |
|---|---|
| Basic | .. |
| Advanced | .. |
| Forecast | .. |
| Yearly Comparison | .. |
| Actual vs Budget | .. |
| Rolling 12 Months | .. |
| 5 Years Comparison | .. |
| With % Expense, Income | .. |