A Profit & Loss statement (P&L), or income statement or statement of operations, is a financial report that summarizes a company’s sales, costs, and profits or losses for a specific time period.
In Profit & Loss Report you can view report by:
- Profit/Loss Standard
- Profit/Loss Detail
- Profit/Loss By Month
- Profit/Loss By Year
- Profit/Loss Year To Date
- Profit/Loss By Customer
- Profit/Loss By Class
Profit & Loss Standard
Profit and loss (P&L) statement refers to a financial statement that summarizes by each account as revenues, costs, and expenses incurred during a specified period.
Go to view Profit & Loss Standard Report in the Localizebook:
- Go to the Report menu.
- Click on Company & Finance > Financial Report > Profit & Loss.
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- Click on the icon
- Report Type: Choose Profit/Loss Standard.
- Select your Date that you want to view.
- Comparative: No tick on Checkbox = No Compare, Tick on Checkbox = have Compare (you need to select date)
- Is Show Zero: No tick on Checkbox = Show account only have balance, Tick on Checkbox = Show all account
- Customize: To customize your report with what you want to show.
- Click on the View button to generate your report.
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- This below is a template of the Profit & Loss Standard Report.
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Profit & Loss Detail
Profit & Loss Detail in Localizebook refers to a financial statement that details transactions by each account as revenues, costs, and expenses incurred during a specified period.
Go to view Profit & Loss Detail Report in the Localizebook:
- Go to the Report menu.
- Click on Company & Finance > Financial Report > Profit & Loss.
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- Click on the icon
- Report Type: Choose Profit/Loss Detail.
- Select your Date that you want to view.
- Is Show Zero: No tick on Checkbox = Show account only have balance, Tick on Checkbox = Show all account
- Customize: To customize your report with what you want to show.
- Click on the View button to generate your report.
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- This below is a template of the Profit & Loss Detail Report.
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Profit & Loss By Month
Profit & Loss By Month can cover any period of time, although it’s most commonly prepared at the end of a month. A profit and loss statement summarizes all the activity recorded in your income and expenses accounts over the specified time. This report is generated by a user filter on date range and produced separately into months.
Go to view Profit & Loss By Month Report in the Localizebook:
- Go to the Report menu.
- Click on Company & Finance > Financial Report > Profit & Loss.
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- Click on the icon
- Report Type: Choose Profit/Loss By Month.
- Select your Date that you want to view.
- Is Show Zero: No tick on Checkbox = Show account only have balance, Tick on Checkbox = Show all account
- Customize: To customize your report with what you want to show.
- Click on the View button to generate your report.
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- This below is a template of the Profit & Loss By Month Report.
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Profit & Loss By Year
Profit & Loss By Year can cover any period of time, although it’s most commonly prepared at the end of a month. A profit and loss statement summarizes all the activity recorded in your income and expenses accounts over the specified time. This report is generated by a user filter on year range and produced separately into years.
Go to view Profit & Loss By Year Report in the Localizebook:
- Go to the Report menu.
- Click on Company & Finance > Financial Report > Profit & Loss.
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- Report Type: Choose Profit/Loss By Year.
- Select your Year that you want to view.
- Is Show Zero: No tick on Checkbook = Show account only have balance, Tick on Checkbox = Show all account
- Customize: To customize your report with more of what you want to show.
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- Click on the View button to generate your report.
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Profit & Loss Year To Date
A year-to-date profit and loss statement (YTD P&L) is a report generated to evaluate a company’s operations from January 1st of the year. A YTD P&L is a helpful report to evaluate where a company is in the current year and to compare it to previous years.
Go to view Profit & Loss Year To Date Report in the Localizebook:
- Go to the Report menu.
- Click on Company & Finance > Financial Report > Profit & Loss.
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- Click on the icon
- Report Type: Choose Profit/Loss Year To Date.
- Select your Date that you want to view.
- Customize: To customize your report with more of what you want to show.
- Click on the View button to generate your report.
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- This below is a template of the Profit & Loss Year To Date Report.
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Profit & Loss By Customer
In Localizebook, The Profit & Loss By Customer is a Profit & Loss By Project. The profit and loss (P&L) report at the project provides an overview of revenue and expenses for a specific project. A project must have a transaction to display the “Profit & Loss” page.
Go to view Profit & Loss By Customer Report in the Localizebook:
- Go to the Report menu.
- Click on Company & Finance > Financial Report > Profit & Loss.
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- Click on the icon
- Report Type: Choose Profit/Loss By Customer.
- Select your Date that you want to view.
- Customer Name: If you want to filter view your report customer.
- Customize: To customize your report with more of what you want to show.
- Click on the View button to generate your report.
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- This below is a template of the Profit & Loss By Customer Report.
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Profit & Loss By Class
Profit And Loss By Class breaks down sales and the associated cost of sales into functional groups. Whether you use divisions, departments, or product or service lines, class accounting allows you to identify those more profitable areas of operations.
Go to view Profit And Loss By Class Report in the Localizebook:
- Go to the Report menu.
- Click on Company & Finance > Financial Report > Profit & Loss.
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- Click on the icon
- Report Type: Choose Profit And Loss By Class.
- Select your Date that you want to view.
- Customize: To customize your report with more of what you want to show.
- Click on the View button to generate your report.
