Profit & loss

The Profit & loss report (sidebar → Profit & loss) shows revenue and expenses by category over time. Revenue & expenses is a simpler single-page summary of the same data.

What's in the report

• Revenue side — every revenue category, summed per period.
• Expense side — every expense category, summed per period.
• Net — revenue minus expenses.
• Planning percentages — each category can carry a target percentage of revenue; the report shows actual vs. plan. You can toggle planning percentages for past months on or off via the report's Settings button.
• Top expense vendors — biggest counterparties under each expense category, useful for "where did all the money go" questions.

Count revenue when invoiced

By default the P&L counts revenue when the money arrives. If you invoice customers and wait for payment, that understates months you already billed. The report's Settings button has a setting for this: Count revenue when invoiced.

With it on:

• Every issued, unpaid invoice from Stripe counts as revenue, spread over the months its service period covers. An invoice billing July through September adds a third of its net amount to each month.
• Clicking a P&L cell shows these amounts in their own drill-down section, Invoiced, not yet collected, between collected revenue and planned amounts. The numbers add up to the cell.
• When the payment arrives, the invoice's share moves from the invoiced section to collected revenue. The total doesn't change; only its split does. Nothing is ever counted twice.

Amounts are net of tax, matching the rest of the P&L. Invoices in another currency convert at the monthly average rate, same as transactions.