# Profit and Loss Reports

## 1. Types of P\&L Reports

## 2. Customize Options

#### 1. Types of Profit & Loss Reports:

* Accrual Basis
* Cash Basis

1. Go to **Reports > Live Financials > Profit and Loss Reports**
2. Move your cursor to the top-right corner and select the required report type from the drop-down menu.

<figure><img src="https://3001732943-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FwOUeAQle5HN0Zu71ifUq%2Fuploads%2FQyklhFUPxt5f4nlhwIlu%2FScreenshot%202026-01-02%20at%2011.49.13%E2%80%AFPM.png?alt=media&#x26;token=1dbec594-f10c-4eb5-93dd-d9b4533837d6" alt=""><figcaption></figcaption></figure>

#### 2. Customize Report Options:

You can customize the report using the following view options:

* Weekly
* Monthly
* Total Only
* Departments

<figure><img src="https://3001732943-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FwOUeAQle5HN0Zu71ifUq%2Fuploads%2F1DNBCLgoBWEcEibUYtyY%2FScreenshot%202026-01-02%20at%2011.56.59%E2%80%AFPM.png?alt=media&#x26;token=18a346cb-a4d3-4b0e-90a7-718fdc2e1c08" alt="" width="375"><figcaption></figcaption></figure>

You can also apply periodic comparison options:

* % of Income
* Previous Period
* Last Year

<figure><img src="https://3001732943-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FwOUeAQle5HN0Zu71ifUq%2Fuploads%2FGpUHUGQpoUG42YzQO281%2FScreenshot%202026-01-02%20at%2011.58.41%E2%80%AFPM.png?alt=media&#x26;token=33d626bc-5505-48e4-953c-a5c6905047c1" alt="" width="336"><figcaption></figcaption></figure>
