How to Use the Profit & Loss Report
The Profit & Loss report in LedgerX helps you track your income, expenses, and overall profitability for any selected period. It gives you a clear view of where your money comes from and where it goes.
Open Profit & Loss
Go to Reports → P&L and select Profit & Loss from the top menu.
Choose the Period
Select Today, Monthly, Yearly, or Custom date range to view your financial performance.
Review Expenses
On the left side, view all expenses like purchases, direct, and indirect expenses. Expand any category to see detailed breakup.
Review Income
On the right side, view income such as sales and other earnings. Expand sections to see ledger-level details.
Analyze Profit or Loss
Scroll down to see total income, total expenses, and the net profit or loss for the selected period.