This report compares your income, cost of sales, expenses, other income, and other expenses for the selected month(s) to the year-to-date figures and as a percentage of sales.
This report can be displayed using the cash basis and accrual basis accounting methods. Click the Customize button in the Index to Reports window to display the Report Customization window. In the Report Basis field, select Accrual or Cash, then click Display to display your report. Cash basis reports are differentiated from accrual basis reports by the word [Cash] listed after the report name.
To find this report:
Index to Reports window > Accounts Tab > Profit & Loss Header
| Selected Period | % of Sales | Year to Date | % of YTD Sales | |||
_________________________________________________________________________________ | ||||||
| Income | ||||||
| Sales | ||||||
| Retail Sales | $4,989.85 | 26.7% | $7,227.10 | 30.5% | ||
| Wholesale Sales | $1,671.90 | 8.9% | $3,723.90 | 15.7% | ||
| Consignment Sales | $12,045.00 | 64.4% | $12,757.50 | 53.8% | ||
| Total Income | $18,706.75 | 100.0% | $23,708.50 | 100.0% | ||
| Cost of Sales | ||||||
| Retail Cost of Sales | $3,215.81 | 17.2% | $4,622.97 | 19.5% | ||
| Wholesale Cost of Sales | $1,071.36 | 5.7% | $2,371.49 | 10.0% | ||
| Consignment Cost of Sales | $5,946.20 | 31.8% | $6,392.11 | 27.0% | ||
| Total Cost of Sales | $10,233.37 | 54.7% | $13,386.57 | 56.5% | ||
| Gross Profit | $8,473.38 | 45.3% | $10,321.93 | 43.5% | ||
| Expenses | ||||||
| Car & Truck Expenses | $100.00 | 0.5% | $100.00 | 0.4% | ||
| Freight Paid | $48.95 | 0.3% | $48.95 | 0.2% | ||
| Insurance (other than health) | $45.00 | 0.2% | $45.00 | 0.2% | ||
| Interest | ||||||
| Other Interest | $750.00 | 4.0% | $750.00 | 3.2% | ||
| Legal & Professional Services | $178.90 | 1.0% | $178.90 | 0.8% | ||
| Lease Expenses | ||||||
| Machinery & Equipment | $100.00 | 0.5% | $100.00 | 0.4% | ||
| Other Business Property | $12.00 | 0.1% | $12.00 | 0.1% | ||
| Supplies | $150.00 | 0.8% | $150.00 | 0.6% | ||
| Taxes | $50.00 | 0.3% | $50.00 | 0.2% | ||
| Travel, Meals & Entertainment | ||||||
| Meals & Entertainment | $1,000.00 | 5.3% | $1,000.00 | 4.2% | ||
| Utilities | $450.00 | 2.4% | $450.00 | 1.9% | ||
| Wages Paid | $750.00 | 4.0% | $750.00 | 3.2% | ||
| Payroll | ||||||
| Wages | $0.00 | 0.0% | $33,174.99 | 139.9% | ||
| Vacation Pay Expense | $0.00 | 0.0% | $1,699.50 | 7.2% | ||
| Employer Expenses | $0.00 | 0.0% | $2,245.44 | 9.5% | ||
| Total Payroll | $0.00 | 0.0% | $37,119.93 | 156.6% | ||
| Total Expenses | $3,634.85 | 19.4% | $40,754.78 | 171.9% | ||
| Operating Profit | $4,838.53 | 25.9% | ($30,432.85) | (128.4%) | ||
| Other Income | ||||||
| Other Expenses | ||||||
| Net Profit/(Loss) | $4,838.53 | 25.9% | ($30,432.85) | (128.4%) | ||