When I hold exploratory meetings with clients, I typically ask about various items on the profit and loss (P&L) — also called ...

This is the final part of the profit and loss account. If the net profit figure is negative, the business has made a loss.

When a company makes money after it pays all its costs, it is said to have made a profit. If a company does not make enough money to cover all its costs, it is said to have made a loss.

Also referred to as a profit and loss statement. By combining these elements ... Cost of goods includes all the costs related to the sale of products in inventory. Gross profit margin is the ...

The 12-Month Profit and Loss Projection Worksheet is used by companies to project profits and losses for up to 12 months in the future.