Quarterly Profit And Loss Statements. A profit and loss statement (P&L), or income statement or statement of operations, is a financial report that provides a summary of a company's revenues, expenses, and profits/losses over a given period of time. Typically, profit and loss statements are prepared on a monthly, quarterly, or annual basis (quarterly and annual statements are advisable).
A profit and loss statement (P&L), or income statement or statement of operations, is a financial report that provides a summary of a company's revenues, expenses, and profits/losses over a given period of time.
But by law you're required to produce financial statements for your business every year.
The P&L statement, also called the income statement, shows whether a company lost money or made a profit during the reporting period. The time periods normally used are quarterly, half-yearly and annually. Quarterly Earnings Report. (redirected from Quarterly Profit and Loss Statements).