Generate P&L
INCOME STATEMENT, MADE UNDERSTANDABLE

See your income. Understand your profit.

An income statement is also called a Profit & Loss statement. It summarizes business income and expenses over a chosen period.

Upload bank statementsFree preview · PDF, CSV, XLSX · No signup required

Income is not the same as deposits

A deposit might be payment from a customer, a transfer from another account, borrowed funds, or an owner contribution. Only the relevant business income belongs in revenue. Review deposit descriptions carefully; the size of a payment alone cannot establish what it represents.

Read from revenue to net income

Start with total revenue. Subtract direct costs to get gross profit, then subtract operating expenses and interest to get net income. A positive result is a profit; a negative result is a loss. These figures describe the selected period and the transactions included in it.

Choose cash-basis reporting intentionally

This generator uses the dates when money moved through the supplied accounts. It does not create an accrual-basis statement or add unpaid invoices, depreciation, or other non-cash entries. If you need an accrual report, share your records with an accounting professional.

Your next step is a statement.

Upload your business bank statements, review the categories, and preview your P&L before paying.

Upload bank statements

Common questions

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.