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Description
Profit & loss is the financial report generated for the business owners to analyse their revenue, costs and expense. It is also called income statement, commonly produced quarterly, monthly or yearly. It tells you where you are on right track of getting profit or you are struggling. Most importantly, it lets you compare your actual expense with budgeted cost and see how you are tracking.
Keywords: Accounting Firms, xero bookkeeping, Xero Bookkeeping Carton, Xero Bookkeeping Docklands, Xero Bookkeeping East Melbourne
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