Results report

Last updated: 2022-05-12

In the profit and loss report, a company’s income and expenses are compiled. The purpose of the profit and loss report is to show how a company has performed over a given period of time, for example during a month or a financial year.

The profit and loss report is built up on an ongoing basis by posting business events to the profit and loss accounts, i.e. the accounts to which income and expenses are booked.

Examples of items that can be included in a profit and loss report are net sales, personnel costs and tax on the year’s profit.