Financial Report - Profit & Loss
The Profit & Loss report is a report which compares a month by month breakdown of your income less your expenses. The P&L report is a highly useful report which shows your practices cash position.
To access this report, go to 'Dashboard' > 'Financial' > 'Profit & Loss'
Generating a Profit and Loss Report
- Select the financial year to query
- Define how you calculate your cash income (date paid and date banked are for cash accounting, while date consulted is for accrual accounting)
- Define how your expenses are calculated (date paid is for cash accounting, while date purchased is for accrual accounting)
- Optionally define practitioners who clients are allocated to
Press 'Generate' when you are finished.
James Hogan -