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Profit & Loss Statement Report in StudioPay
Use this report to view data related to your company’s income and expenses.
The Profit & Loss Statement report in StudioPay displays all of the data related to your company’s income and expenses for any given user, entity, income/expense status, and date range.
This report includes the following:
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Gross Income: the total amount of income collected
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Gross Expenses: the total amount of any deductibles such as fees, taxes, and refunds done to the account
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Net Income: the total amount of income after expenses have been deducted
The Income section includes the collective totals of Transactions, Disputes, Fees, Adjustments, and Revenue Shares that generate the Gross Income of the report.
The Expenses section calculates the breakdown of what totaled the amount to your Gross Expenses on the account.