Run and understand a profit and loss report
Compare booked income and expenses for a period and rental.
On this page
Review unbooked imports and decide the date range and property scope.
Choose the report
Open Reports > Profit and loss. Select the offered dates, property and grouping, then Run.
Inspect category totals
Compare income and expense lines with booked records. Transfers, loan principal and lender escrow funding are different from operating income and expenses.
Review shared activity
When offered, choose whether shared portfolio transactions stay separate or divide evenly. Read the grouping requirements and rerun.
Check the download
Use Download and verify the exported dates, property and totals before sharing.
Read the category totals
| Report line | What it represents |
|---|---|
| Income | Booked income in the selected scope. |
| Expenses | Booked operating expenses in the selected scope. |
| Profit or loss | Income less expenses for that report scope. |
Check the report scope
| Check | Before using the totals |
|---|---|
| Dates and property | Confirm the selected filters and rerun after a change. |
| Transfers and financing | Review transfers, principal and escrow separately from operating expenses. |
| Allocation | Check the offered shared-activity treatment and grouping. |
| Download | Verify that the exported scope and totals match the report. |
Check the result
- The report shows the intended period and booked categories.
FAQs
Why is net income different from the cash change?
Cash movements can include principal, transfers and other balance-sheet activity. Compare Operating cash flow and account activity.
Why is an expense missing?
Check that it is booked rather than an import or scan draft, then compare its date, property and category with the report.