A profit and loss spreadsheet is a financial statement that displays a business's financial performance during a given time period. Commonly referred to as an income statement or earnings statement, a ...

Editor’s Note: This post is focused on helping you understand profit and loss statements. This financial statement is used by most small business owners to help assess business profits and losses ...

It is impossible to measure progress if you are not monitoring your business using suitable metrics. A spreadsheet depicting your profit and loss account provides information about your trade revenues ...