Good questions. Clear answers.
Everything to know before creating your first P&L.
Can I really create a P&L from bank statements?+
Yes. Statements can form the basis of a cash-basis P&L by organizing business deposits and expenses. It only reflects the accounts and dates you provide. Non-cash items and activity outside those accounts may require adjustments.
Which file formats can I upload?+
Upload PDF, CSV, or XLSX statements, including multiple files. Text-based PDFs work best. If a PDF cannot be read reliably, we’ll ask for a CSV or Excel export from your bank.
Do I need to connect my bank account?+
No. We never ask for your online banking password or connect to your bank. You upload the files you choose.
Can I change how a transaction is categorized?+
Absolutely. Review and change any category before generating your report. You can also apply a change to matching merchants or update several transactions at once.
When do I have to pay?+
Your report preview is free. Pay $12.99 once, plus applicable tax, to unlock the PDF, Excel workbook, and transaction report. There is no subscription.
Is this a certified financial statement?+
No. This is an estimated, cash-basis report based on your data and review. It is not audited, certified, or guaranteed to be accepted by a lender or tax authority.