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

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.

Can you make your own profit and loss statement? After entering your sales and expenses into QuickBooks, Peachtree or the like, the software will generate a P&L statement for you. However, you can ...