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How to Use the Profit & Loss Report in the Finance Planner for Creatives
Your Profit & Loss Report (P&L) in the Finance Planner for Creatives is a ready-to-print, auto-generated snapshot of your business finances—perfect for tax time, quarterly reviews, or client records.
🧾 What It Does
This report automatically pulls in all taxable income and business expenses you’ve entered throughout the year—no manual input needed.
🗓️ Date Range
The report is set to span January 1 to December 31, or adjusts based on your earliest taxable income entry. This ensures your totals reflect only the relevant tax year.
Note: The year shown on the sheet is autopopulated based on your income entries.
🧍 Add Your Info
Simply add your name or business name at the top of the sheet before printing or saving it as a PDF.
📊 Two Report Formats
The sheet provides two easy-to-read summaries:
1. Annual Totals
Condensed year-end summary of taxable income and business expenses
Organized by subcategory, with clear category breaks for easy scanning
2. Monthly Breakdown
A more detailed view showing totals per subcategory by month
Helps you track trends, identify high-cost periods, and compare monthly patterns
⚠️ Note: If you add or remove subcategories in your dropdowns, the category dividers may not align perfectly. The report will still function, but the visual grouping might need minor adjustments.
🖨️ Ready to Print
Whether you're prepping for taxes or sending records to an accountant, just review and print—no extra formatting needed. See here for more printing tips →
