The Cash Based Profit & Loss Report is your company's financial performance based on cash accounting.
You'll use this report when you need a number for Gross Income! It says "Cash Based" because it reflects the actual monies collected for that date range via payments or all income your company has collected/received.
(Note: The Accrual Profit & Loss Report shows what your company has billed/invoiced for, not necessarily what has been collected/received.)
Here's to find it!
1) Go to your Company Dashboard and select REPORTS on the black sidebar to the left of the screen.
2) Enter the date range of your choosing:
3) After you've entered your date range, you'll click on the bright blue button to GENERATE REPORT, which will open to a view like the one below. If you click on the black down arrow icon, more options appear so you can export to MS-EXCEL, TXT, PDF or PRINT the report.
4) Additionally, you can click on the P & L Statement to the right of GENERATE REPORT and will provide a Profit & Loss Report, as shown below:
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Here's the link: https://www.youtube.com/@Paythepoolman
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