02/28/2026
Your Profit and Loss report can quickly show where money is going, especially in areas that may be creeping up without you noticing.
Here’s how you can do it:
- Run a Profit and Loss Comparison or Profit and Loss by Month report
- Set your date range and accounting method
- Compare to the Previous Period or Previous Year
- Review dollar and percentage changes to spot spending trends or spikes
Check for subscriptions you no longer use, rising software costs, or expenses that don’t directly support your goals.
A quick review of your Profit and Loss report each month can help you stay in control and make smarter decisions.
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