How do I create this report?
Go to the Reports menu, click Company & Financial, and then
click Profit & Loss Standard.
This report is also known as an income statement. It summarizes
your income and expenses for the month, so you can tell whether
you're operating at a profit or a loss. The report shows
subtotals for each income
or expense account in your chart
of accounts. The last line shows your net income (or loss) for the
To see a list of the transactions that make up an amount,
double-click the amount.
The default date range is for the current month to date. You can
show profit and loss for a different date range by choosing another
date range from the Dates drop-down list.
What do the
different date ranges mean?
Compare financial data from previous
Get the most out of
report (so you can use it again)
Change to a cash
or accrual basis