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Profit and Loss report

What you actually earned. But read the note about cost of goods before relying on the number.

August 27, 2026profit and loss • net profit • income and expenses

What is the Profit and Loss report?

It shows your income less your expenses over a period — what you earned.

An important note about cost

This is the most important point on this page, and it changes how you read the figure.

A Pashkateb sales invoice posts no cost-of-goods-sold entry at the point of sale. Cost is posted when purchase invoices are submitted.

The practical consequence:

The monthWhat happensReported profit
Bought a lot, sold littleCost posted, sales notLower than reality
Bought little, sold a lotSales posted, cost notHigher than reality

The fix: read the report over a longer period — a quarter or a year. Over time the difference evens out.

For an accurate monthly read, compare it against the movement in Stock Evaluation: if your stock value grew substantially, part of that "expense" is still goods you are holding.

Where to find it

Reports → Financial Reports → Profit and Loss, or /dashboard/reports/profit-and-loss.

Permission: reports:profit_and_loss.

Profit looks too good?

The most common cause: not all your expenses are recorded.

Small expenses that get postponed disappear, and the result is profit that looks better than it is.

Record expenses as you go on the Outcomes or Expenses Payment screens. Profit that has not deducted all your costs is not profit.

How to read it

What you seeWhat it means
Income rising, profit flatCosts are rising just as fast — check the expenses report
Good profit, little cashYour money is in stock or in customer debts
A sudden lossCheck for a large one-off expense this month

Read it after the trial balance

Always start with the trial balance. If it does not balance or its figures are short, Profit and Loss is built on incomplete data.

A routine

Open it at each month end after confirming every invoice is submitted and every expense recorded. Compare with the previous month and the same month last year.

Frequently Asked Questions

The profit looks too good

Usually because not all your expenses are recorded. Record them as you go on the Outcomes and Expenses Payment screens. Profit that has not deducted all your costs is not profit.

Does the report account for cost of goods correctly?

A Pashkateb sales invoice posts no cost entry at the point of sale. Cost is posted when purchase invoices are submitted. So in a month where you bought a lot and sold little, profit looks weak — and the reverse. Read the report over a longer period for a balanced picture.

When should I open it?

At each month end, after confirming the trial balance balances and that all your expenses are recorded.

Related Links

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Start the free trial or move to the most relevant landing page for your workflow, then apply what you read using your own invoices, stock, and reports.

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