Viewing Your Profit & Loss Report

The Profit & Loss report shows your income for each year you have income, expenses, and/or inventory entered into Direct Sidekick. 

This report is organized by Schedule C tax categories for easy entry into your tax return software.

Start by navigating to the Profit & Loss report by clicking the Accounting menu on the left side of the page. Then click Profit & Loss report.

The current year's report is loaded when you open the report. This may take a few minutes to load based on the number of transactions, purchase orders, and invoices you've entered for the year.

You can select any year from the dropdown. All years with at least one transaction or invoice/adjustment will automatically be added to the dropdown.

The Taxable business profit at the bottom shows how much money you've earned for the year after all expenses have been deducted.