What is Profit and Loss Statement?

Profit and Loss Statement helps you create a structured income statement by entering revenue streams and expense categories. It calculates gross profit, operating profit, and net profit with clear breakdowns.

How to use

1. Enter your revenue items with amounts and categories.
2. Add expense items organized by type (COGS, operating, other).
3. Review the generated P&L statement and export it as CSV or PDF.

Result

A small business owner enters $50,000 monthly revenue across 3 streams, then lists rent ($2,000), salaries ($25,000), and supplies ($3,000) as expenses — the tool shows $20,000 net profit with margin percentages.

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