Where to get profit and loss statement

Try FreshBooks for free today and see for yourself why we named it the Easiest to Use accounting software!

Sage 50cloud is a feature-rich accounting platform with tools for sales tracking, reporting, invoicing and payment processing and vendor, customer and employee management. QuickBooks Online is the browser-based version of the popular desktop accounting application. It has extensive reporting functions, multi-user plans for up to 25 users and an intuitive interface. Check out the best reviews ».

The Motley Fool. About The Blueprint. Review Methodology. Advertiser Disclosure We may receive compensation from some partners and advertisers whose products appear here. Enter your email address: Search. Our Top Picks Accounting AccountEdge Pro AccountEdge Pro has all the accounting features a growing business needs, combining the reliability of a desktop application with the flexibility of a mobile app for those needing on-the-go access. Applicant Tracking Zoho Recruit Zoho Recruit combines a robust feature set with an intuitive user interface and affordable pricing to speed up and simplify the recruitment process.

Appointment Scheduling 10to8 10to8 is a cloud-based appointment scheduling software that simplifies and automates the process of scheduling, managing, and following up with appointments. CMS Weebly Weebly continues to attract and keep loyal users thanks to its user-friendly design and constant upgrades. Construction Management CoConstruct CoConstruct is easy-to-use yet feature-packed software for home builders and remodelers.

More Top Picks. Browse Specifics The right product depends on who you are and what you need — but regardless, you want the best. Browse Software Accounting Accounting software helps manage payable and receivable accounts, general ledgers, payroll and other accounting activities.

Applicant Tracking Choosing the best applicant tracking system is crucial to having a smooth recruitment process that saves you time and money. Appointment Scheduling Taking into consideration things such as user-friendliness and customizability, we've rounded up our 10 favorite appointment schedulers, fit for a variety of business needs.

Business Checking Accounts Business checking accounts are an essential tool for managing company funds, but finding the right one can be a little daunting, especially with new options cropping up all the time.

CMS A content management system CMS software allows you to publish content, create a user-friendly web experience, and manage your audience lifecycle. Construction Management This guide will help you find some of the best construction software platforms out there, and provide everything you need to know about which solutions are best suited for your business. Browse All. Sign up for The Blueprint's Newsletter Get trustworthy advice to help your business grow. Enter your email address:. Thank you for signing up.

Beginner's Guides Our comprehensive guides serve as an introduction to basic concepts that you can incorporate into your larger business strategy. Best Of We've tested, evaluated and curated the best software solutions for your specific business needs. Comparisons Trying to decide between two popular software options? How Tos Our experts take you through step-by-step processes, providing tips and tricks to help you avoid common pitfalls along the way.

News Learn how the latest news and information from around the world can impact you and your business. Product Reviews Unbiased, expert reviews on the best software and banking products for your business. Quick Answers Short on time, high on curiosity? Software Features Not sure how to use a particular tool in your software solution?

Browse by Topic Looking for the best tips, tricks, and guides to help you accelerate your business? Search for software and business topics:. Advertiser Disclosure. Mary Girsch-Bock Accounting Specialist. Overview: What is a profit and loss statement? FreshBooks offers profit and loss statements by month or by quarter.

OneUp includes a profit and loss statement on their financial dashboard. Easily save this report to your computer or print it at any time. Visit FreshBooks. Sage 50cloud Accounting. Visit Sage 50cloud. QuickBooks Online. Visit QuickBooks. When preparing a business tax return, profit and loss statements could make filing more seamless.

If your business operated at a loss, speaking with a tax professional and having this statement on hand could help them identify any opportunities for potential tax relief.

Tell us a little more about yourself to receive the Profit and Loss Statement Template for Small Business Owners in your inbox and get personalized content recommendations from Square. Back to Town Square.

Download the template. Back to top. It is also known as the income statement or the statement of operations. The profit and loss statements contain summarized information about revenue and expenses.

Based on the standard operating procedure of a business, these statements are generated on a weekly, monthly, quarterly or annual basis. The profit and loss report is an important financial statement used by business owners and accountants. The report shows information about the net profit based on your revenues and expenses. It details the ability of a business to manage its profits by cutting costs and driving revenue. Revenue: This entry represents the net sales or turnover during the accounting period.

It includes the revenue earned from the primary business activity of the entity along with the non-operating revenue and gains on the sale of long-term business assets. Cost of Goods Sold : It represents the cost of products and services. Gross Profit: Also known as gross income or gross margin, the gross profit is net revenue excluding costs of sales.

Operating Expenses: Operating expenses are administrative, general and selling expenses that are related to running the business for a specific period of time. This includes rental expenses, payroll, utilities and any other expense required to operate the business.

Also included are non-cash expenses such as depreciation.