What is a Profit and Loss Summary ?
The profit and loss (P&L) statement is a financial statement that summarizes the revenues, costs, and expenses incurred during a specified period, usually a fiscal quarter or year. The P&L statement is synonymous with the income statement. These records provide information about a company’s ability or inability to generate profit by increasing revenue, reducing costs, or both. Some refer to the P&L statement as a statement of profit and loss, income statement, statement of operations, statement of financial results or income, earnings statement or expense statement.
Here you are going to learn about the steps to generate Profit & Loss Summary Periodwise report.Step 1: Login with Fresa Gold and select Accounts module. (Fig-1)
Fig.1Step 2: Select Profit and Loss Reports option in accounts module. (Fig-2)
Fig.2Step 3: Select Profit & Loss Summary Periodwise option. (Fig-3)
Fig.3Step 4: Select the needed date range and select the currency then click submit button. (Fig-4)
Fig.4Step 5: Profit and Loss Summary Periodwise report will be displayed on the screen. (Fig-5)
Fig.5Step 6: Click the options button and select the Download button. (Fig-6)
I hope you got an idea about how to generate Profit & Loss Summary Periodwise report.
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