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Documentation Index

Fetch the complete documentation index at: https://cashflowy.ai/docs/llms.txt

Use this file to discover all available pages before exploring further.

The Profit & Loss (P&L) statement - also called an income statement - shows your business’s revenue, expenses, and net profit over a specific time period.

What it tells you

  • Revenue - total money earned from sales, services, and other income
  • Expenses - total money spent on operating costs, broken down by category
  • Net Profit (or Loss) - revenue minus expenses. Positive = profit, negative = loss.

How to read your P&L

SectionWhat it showsExample
RevenueAll income sourcesService revenue: $25,000
Cost of Goods SoldDirect costs to deliver your servicesContractor payments: $8,000
Gross ProfitRevenue - COGS$17,000
Operating ExpensesRent, software, marketing, salaries, etc.Total: $12,000
Net ProfitGross Profit - Operating Expenses$5,000

Running the report

  1. Go to ReportsProfit & Loss
  2. Select your date range (e.g., “This Month” or “Q1 2025”)
  3. Click Generate
The report groups expenses by category, so accurate transaction categorization is essential for a meaningful P&L.

Exporting

Click Export to download as:
  • PDF - formatted report, great for sharing with stakeholders
  • CSV - raw data, useful for further analysis in spreadsheets
Uncategorized transactions won’t appear correctly in your P&L. Make sure all transactions are categorized before relying on this report for business decisions.