## Profit & Loss (P&L) Report

The Profit & Loss (P&L) report shows how much money your business made and spent over a given period. It's the primary report for understanding whether your business is profitable.

Go to **Accounting** → **Profit & Loss**. The report defaults to last year, broken down by month.

### Change the date range
Use the date picker to select any period. Presets include: this/last month, this/last quarter, this/last year, year-to-date, last 12 months, and last 30/60/90 days.
 
If you have multiple entities, use the entity dropdown to view a single business or all of them combined.

### What you're looking at
The report is organized into:
- **Income** - all revenue that came into the business
- **Cost of Goods Sold** - direct costs associated with your revenue (if applicable)
- **Gross Profit** - income minus cost of goods sold
- **Expenses** - operating costs broken out by category
- **Net Income** - what's left after all expenses

Click any line item to drill into the individual transactions behind it.

### Columns and comparisons
Use the column selector to break the report down by month, quarter, year, or entity. Use the **Compare** dropdown to add a comparison to the previous period or previous year, with variance shown as a dollar amount or percentage.

### Filters
Click **Add filter** to narrow the report by class or counterparty (vendor or customer). To drill into the transactions behind any line, click it directly - this opens the [Transactions](https://docs.kick.co/common-workflows/transactions) view filtered to that category and period.

### Share or export
Use the **Export** button to download the P&L as a CSV or Excel file, or share it directly with your accountant from the report toolbar.