Bookkeeping basics
Your Profit & Loss
What you earned and what you spent.
The report that answers "am I making money?" It shows what you earned and what you spent.
- Money in (your income) minus money out (your expenses) = your profit.
- See it by month or by year, and open any line for the detail.
Find it on the Reports tab in Bookkeeping. Open a month or the year.
What happens next — you see your profit at a glance, no spreadsheet required.