Profit & Loss Reports

Overview

A Profit & Loss (P&L) report, also known as an income statement, summarizes your business's revenues, costs, and expenses over a specific period. In Sevoria, this report is generated automatically.

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Reading the Report

The P&L report is organized into a clean, ledger-style layout:

1. Revenue

This section lists all your sources of income:

• Invoice Revenue — Total from invoices marked as "Paid".
• Receipt Revenue — Total from issued receipts.

2. Expenses

This section breaks down your spending by category:

• Rent, Utilities, Supplies, etc.
• Each category shows the total amount spent within the selected period.

3. Net Profit

The bottom line. This is calculated as Total Revenue - Total Expenses.

• A positive number (in green) means you are profitable.
• A negative number (in red) means you are operating at a loss.

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Generating a Report

Navigate to P&L Reports in the sidebar.

• The report defaults to the current month.
• You can change the period to see performance for previous months or the entire year.

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Sharing & Exporting

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Why P&L Matters

• Business Health — It's the ultimate truth about whether your business is making money.
• Decision Making — Identify which expense categories are draining your resources.
• Investor Ready — If you ever seek a loan or investment, a clean P&L history is the first thing they'll ask for.