Open Finance > Profit & Loss (managers and owners).
How it is built
- Revenue - sales, at the price each item was sold for on the day. Changing a price later never rewrites past profit.
- Cost of goods - what those items cost you.
- Gross profit = revenue minus cost of goods.
- Stock losses - damaged, lost or expired goods, valued at cost. Shown on their own line and never counted as sales.
- Expenses and salaries - approved ones only.
- Extra income - approved ones only.
- Net result = what is left.
What is not in it
- Buying stock - it is not an expense; its cost arrives through cost of goods when sold.
- Waiting-for-approval items - they count once approved.
- Money the owner puts in or takes out.
Download
Export the statement as a PDF, CSV or Excel file. The PDF shows the period it covers.
If a product has no cost or selling price, profit may be incomplete. EazyStock flags these as "Needs pricing" rather than invent a number.