profit and loss.md
Profit & Loss
Accessing the report
Go to Accounting → Profit & Loss. The report defaults to Last year, By month. Use the date picker to select any period, and the entity dropdown to filter by entity.
The date picker includes presets for common ranges: this/last month, this/last quarter, this/last year, month/quarter/year-to-date, last 12 months, and last 30/60/90 days.
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Filters
Click Add filter to narrow the report. Available filters:
- Class — Filter by class or subclass to see performance by location, department, property, or project
- Counterparty — Filter by vendor or customer
Active filters appear as removable chips below the toolbar. Click Clear all to reset.
Columns
Use the column selector to control how the report is broken down:
- Total only — Single total column
- By month / By quarter / By year — Period-based breakdown
- By entity — Side-by-side view across entities
- By class / By subclass — Segment performance by class dimension
Comparisons
Open the Compare dropdown to add comparison columns.
Proportion
- % of income — Show each line item as a percentage of total income
- % of expense — Show each expense line as a percentage of total expenses
Compare to
- Previous period (PP) — Compare to the prior equivalent period
- Previous year (PY) — Compare to the same period in the prior year
Variance
- Percentage (%) — Show the percentage change between periods
- Amount ($) — Show the dollar change between periods
You can combine multiple options — for example, enabling both % of income and Previous year (PY) adds columns for each.
Drilling down
Click any line item to drill into the General Ledger filtered to that account and date range. From there you can see the individual transactions and journal entries behind the balance.
Ledger basis
If your client has both cash and accrual ledgers configured, use the ledger basis dropdown to switch between Cash and Accrual. The selected basis is shown in the report footer.
Export
Export the Profit & Loss as .xlsx or .pdf from the download menu in the top right based on any filtered report.
Create journal entries
Click Create journal entry in the top right (or ⌥+N) to record adjustments directly from the report.