> ## Documentation Index
> Fetch the complete documentation index at: https://docs.hitaji360.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Profit & Loss

> The Profit & Loss statement (also called the Income Statement) shows how much the business earned and spent over a period, and the net result.

The Profit & Loss statement (also called the Income Statement) shows how much the business earned and spent over a period, and the net result. It answers "did we make a profit, and where did it come from?" by laying revenue against expenses for the dates you choose.

You'll find this at: `/accounting/reports/profit-and-loss`

> 📷 *Screenshot: Profit & Loss with Revenue on the left, Expenses on the right, and the net-result summary — to be added.*

## When to use it

* At month-, quarter-, or year-end to report performance.
* To see which revenue streams and which expense categories drove the result.
* To compare periods by running the same report over different date ranges.

## How to run it

The Profit & Loss summarises activity *over a period*, so it takes a date range.

* **Period (From / To)** — set the start and end dates. It defaults to the current month.

Pick the range directly or use a period preset where available. The report refreshes automatically; a **Refresh** button re-pulls the latest figures.

## Reading the report

The statement is shown in two columns:

* **Revenue** (left) — income accounts, indented to follow your chart, each with its code, name, and amount. The section header shows **Total Revenue**.
* **Expenses** (right) — expense accounts, laid out the same way, with **Total Expenses** in the header.

Group (parent) accounts roll up the accounts beneath them; the section totals are taken from the individual (leaf) accounts so nothing is double-counted. Accounts with no activity in the period are omitted.

### Net result

The summary at the top of the report shows:

* **Total Revenue**
* **Total Expenses**
* **Net result** — revenue minus expenses. A positive figure is a profit; a negative figure is a loss.

This net result is what flows into **Retained Earnings** on the [Balance Sheet](/accounting/user/reports/balance-sheet) and seeds **Net Income** at the top of the [Cash Flow](/accounting/user/reports/cash-flow) statement, so all three reports tell a consistent story for the same period.

> 📷 *Screenshot: The Revenue and Expense totals with the net-result figure — to be added.*

## Exporting

**Export** offers CSV, Excel (.xlsx), and PDF. The export lists each account under **Revenue** or **Expense** with its code, name (indented by depth), and amount, followed by **Total Revenue**, **Total Expenses**, and **Net Result**. The PDF carries your business name and the period in the header.

## Tips and gotchas

* **Nothing showing?** Confirm the active business points at the right book and that the date range actually contains posted transactions.
* The Profit & Loss reflects **posted** activity within the period.
* To attribute results to a department, branch, or project, use the [Cost-Center P\&L](/accounting/user/reports/cost-center-pnl), which runs the same statement scoped to one cost center.
* For a closed/locked period, the figures come from the frozen snapshot taken at close.

## Related

* [Reports overview](/accounting/user/reports/overview)
* [Cost-Center P\&L](/accounting/user/reports/cost-center-pnl) — the same statement, per cost center
* [Balance Sheet](/accounting/user/reports/balance-sheet) — where the net result lands in equity
* [Cash Flow](/accounting/user/reports/cash-flow) — reconciles net income to cash