What is Profit & Loss Management

Profit & Loss Management is where you create and print out your companies Profit and Loss statements.

The profit and loss statement is a financial statement that summarizes the revenues, costs and expenses incurred during a specified period, usually a fiscal quarter or year. P&L statement is synonymous with the income statement. These records provide information about a company's ability or inability to generate profit by increasing revenue, reducing costs or both. Some refer to the P&L statement as a statement of profit and loss, income statement, statement of operations, statement of financial results or income, earnings statement and expense statement.

1.Exit or Cancel the current process.

2.Create a New Profit and Loss Template.

3.Edit selected  Profit and Loss  Templates.

4.Print  Balance Sheet using selected Balance Sheet Template.

5.Select  Profit and Loss  Template.

6. Profit and Loss  heading.