Profit and Loss
The Profit and Loss workbooks report on your organization's revenues, expenses, and net income over a selected period. Also known as the Income Statement, it is one of the three core financial statements and the primary tool for assessing whether the business is profitable and where money is being made or spent.
Several workbooks are available depending on the type of analysis you need. The Actual vs. Budget and Advanced versions both include a budget comparison, but the Advanced version goes further by adding a percentage of revenue column alongside actuals and budget, making it better suited when you also need to analyze cost structure and margins. Similarly, the Yearly Comparison and Rolling 12 Month both look at performance over time, but the Yearly Comparison focuses on two years side by side for a specific period, while the Rolling 12 Month gives you a continuous month-by-month view over the past year regardless of where you are in the fiscal year.
Benefits of the profit and loss workbooks
- Understand how much the organization earned, spent, and retained during the selected period.
- Track changes in revenue, expenses, and margins over time to identify what is improving or declining.
- Identify which revenue streams and cost areas matter most to support resource allocation and operational decisions.
- Present a consistent view of performance for leadership, boards, and other stakeholders.
- Support budgeting, forecasting, and tax planning with structured, period-aligned financial data.
Available workbooks
You can find these workbooks in the navigation panel on the left under Workbooks. Expand the Finance folder, then open the Profit and Loss folder.