Sage Cloud Accounting: Your Money, But Less Stressful
H2: Understanding Your Profit and Loss Report Your Profit and Loss (P&L) report, often called an income statement, is the financial snapshot of your business’s health. It’s like a report card, but for your money. While it might look intimidating with numbers and jargon, it’s actually a powerful tool to help you understand where your money is coming from and going. Decoding the Jargon Let’s break down some key terms …