Profit and Loss

iFigure Accounting Specialists > Profit and Loss

Monitor the progress of your business

The profit and loss statement offers an important means of tracking the progress of a business. The statement’s main purpose is to list income and expenses, the difference between the two being a business’s profit or loss. Every business produces a profit and loss statement at least once a year for their annual tax return.

How can iFigure help with your Profit and Loss report?

Profit and loss analysis
We can produce a Profit and Loss report for your business, detailing all your income and expenses including accounts payable, accounts receivable and your stock. We can create a full year report for you, or periodic reports which are useful in helping you monitor your performance.
Monthly reporting
Monthly monitoring of your profit and loss ensures that your business is performing to its maximum potential and identifies areas of improvement at the time rather than when its too late.
Let iFigure calculate your Profit and Loss.
iFigure can summarise your income and expenses and put together a Profit and Loss statement. This report offers you a means of monitoring progress and better managing your business.
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