Performance Reports describes the performance of your business under a specific category. The two categories are:
Profit and Loss
Profit and Loss Report is a financial statement that summarizes the revenue, costs, and expenses incurred during a specific period of time, usually a fiscal quarter or year. These records provide information that shows the ability of a company to generate profit by increasing revenue and reducing the costs. To view the profit loss report:
1. Go to Reports.
2. Go to Performance Report and click Profit and Loss.
3. Select the Date for the report.
4. Click Update.
Compare Profit & Loss
If you want to compare the status of different months, click Compare and select the duration you want to compare for.
Exporting a Profit & Loss Report
You can export the selected report to excel sheet and can save or print it.
Sales Tax Report
Sales Tax Report displays the tax status of the company. To view the sales tax report follow the following steps:
1. Go to Reports.
2. Click Sales Tax Report under Performance Reports.
3. Select the Date for the report.
4. Click Update.
Exporting a Sales Tax Report
You can export the selected report to excel sheet and can save or print it.
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