# Introduction (https://docs.carlio.app/docs/profit-and-loss)

Revenue, costs and net profit of the dealership over a chosen period, counted on the day the money moved



The **Profit & Loss** page reports how the dealership performed over a period. It is the first entry of the **Finance** group and opens at the address of the group.

## Requirements [#requirements]

The permission **Financial Records Access** is required. The page is closed to staff by default. A team member without the permission is sent back to the dashboard.

## Cash basis [#cash-basis]

The report counts money on the day it moved. It does not match a cost to the sale of the car.

* A car bought in March and sold in June places its whole purchase price in March.
* A payment counts on its ledger date and not on the date of the deal.
* Awaiting amounts are not counted until they are completed.
* All figures use the dealership currency. Each foreign entry is converted at the rate stored with it.

A month of gross profit therefore shows the money that moved in that month. It does not show the margin of the cars that left the lot.

## The figures [#the-figures]

| Figure              | Calculation                                                   |
| ------------------- | ------------------------------------------------------------- |
| **Revenue**         | The sum of all money in. All five Revenue categories count.   |
| **Direct Costs**    | The sum of money out in the eight Direct Costs categories.    |
| **Operating Costs** | The sum of money out in the seven Operating Costs categories. |
| **Net Profit**      | **Revenue** minus **Direct Costs** minus **Operating Costs**. |

The categories are listed in the guide on transactions. A negative **Net Profit** is a loss and is shown as a negative figure.

## Guides [#guides]

* Read the profit and loss report
* Compare periods
* Read the cash flow chart

## Notes [#notes]

* The report has no spreadsheet export.
* The report cannot be filtered by car, deal or customer.
* The ledger on the Transactions page is the source of every figure. Correcting or deleting an entry changes the report.