> For the complete documentation index, see [llms.txt](https://voyzu.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://voyzu.gitbook.io/docs/help-core/company-ledger/company-reports/profit-and-loss.md).

# Profit & Loss

Profit & Loss summarizes the selected company's income and expenses over a reporting period.

## Concepts

* [What Is a Financial Ledger?](/docs/voyzu-core-concepts/what-is-a-financial-ledger.md) explains the records behind financial reports.
* [Financial Document Processing](/docs/voyzu-core-concepts/financial-document-processing.md) explains how source documents create reportable postings.

## Set the report scope

Choose the financial year and reporting period or date range offered by the screen. Use consistent options for comparative reporting.

The report always uses the company currently shown in the company switcher. Change company before interpreting or distributing the output.

## Generate and refresh

The preview is generated from posted financial records. Use **Refresh** after changing parameters or after new posting completes. A generation timestamp identifies when the displayed output was produced.

## Read the results

Review revenue, cost, expense, category subtotals, and the resulting profit or loss. Compare material movements with expectations and prior periods.

## Investigate the detail

Use Account Activity to explain an account total and Journal Entries to reach its source documents.

## View and download

Use the available options to control presentation. **View PDF** opens a printable rendering and **Download** saves the offered output. Where a control is absent, that output is not supported by this report. The PDF and preview reflect the same selected scope.

## Interpretation limits

This report presents recorded financial data; it does not validate the operational event or supply management commentary. Correct source data with a supported new document or reversal, then regenerate the report. Never alter ledger history to force a report total.

## See also

* [Profit & Loss Analysis](/docs/help-core/company-ledger/company-reports/profit-and-loss-analysis.md)
* [Account Activity](/docs/help-core/company-ledger/company-reports/account-activity.md)
* [Reporting Categories](/docs/help-core/company-ledger/reporting-categories.md)