Read Your Profit & Loss
The report that answers "did I make money?"
Your Profit & Loss statement sums your revenue and expenses over a period and shows the profit left over. On BillRyt's Agency and Merchant plans it's generated automatically from the invoices and bills you already record — no spreadsheets, no bookkeeping.
What the P&L shows
Operating revenue
Net sales from your issued invoices — the tax you charge is excluded, because that's owed to the tax authority, not earned.
Operating expenses
Costs from the supplier bills and cash expenses you record — rent, subscriptions, stock purchases, and more.
Gross vs net profit
Gross profit is revenue minus direct costs; net profit is what's left after all operating expenses.
Any period, instantly
Pick this month, this quarter or the year — the statement recalculates from your ledger in real time.
Reading it in BillRyt — step by step
Open Financial Reports
On an Agency or Merchant plan, go to Books → Financial Reports and choose the Profit & Loss tab.
Set the period
Pick the date range. The P&L recalculates from your ledger instantly — no export, no waiting.
Read revenue, then expenses
Operating revenue comes from issued invoices (net of tax); operating expenses come from bills and cash expenses you've recorded.
Check net profit
Net profit is revenue minus expenses. Positive means you earned more than you spent this period.
Frequently asked questions
What is a Profit & Loss statement?
A P&L (income statement) summarises revenue and expenses over a period and shows the resulting profit or loss — it answers 'did I make money this month?'.
Where does BillRyt get the numbers?
Automatically from your double-entry ledger: revenue from issued invoices (net of tax), expenses from supplier bills and cash expenses. Nothing is re-keyed.
Is the tax I charge counted as revenue?
No. VAT/tax you charge is a liability owed to the tax authority, so it's excluded — only net sales count as revenue.
Which plans include the P&L?
It's part of built-in accounting on the Agency and Merchant plans, alongside the Balance Sheet, Cash Flow and Trial Balance.