Introducing Timart POS A Smarter, More Convenient Way to Run Your Sales and Inventory Seamlessly.
Introducing Timart POS A Smarter, More Convenient Way to Run Your Sales and Inventory Seamlessly.
Introducing Timart POS A Smarter, More Convenient Way to Run Your Sales and Inventory Seamlessly.
Introducing Timart POS A Smarter, More Convenient Way to Run Your Sales and Inventory Seamlessly.
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📅Updated September 11, 2025

How to Check Your Profit and Loss (Mobile)

Steps to View Your Profit & Loss Report

Step 1: From the homepage, scroll down to the Quick Actions section.

Step 2: Tap on Reports.

Step 3: Tap on Profit and Loss.

Step 4: At the top of the screen, use the filter options to refine your report:

  • To filter by user, tap on All Users and select the user you want to track.

  • To filter by date, tap on This Month and choose your preferred time range.

Step 5: Review the report. It includes:

  • Revenue – The total income earned by your business.

  • Cost of Goods Sold (COGS) – The direct costs of producing or purchasing goods sold.

  • Gross Profit – Revenue minus COGS.

  • Operating Expenses – Overheads such as rent, salaries, utilities, and other expenses.

  • Net Income – Final profit or loss after deducting all expenses.

Troubleshooting

  • Issue: My report isn’t showing accurate profit/loss.
    Solution: Confirm all sales, purchases, and expenses have been properly recorded in the app.

  • Issue: Some figures are missing from the report.
    Solution: Check if the related transactions (sales, expenses, or COGS entries) were correctly added to the app.

Frequently Asked Questions (FAQs)

Q1: Can I see Profit & Loss for specific staff members?
Yes. Use the user filter to generate a report by staff.

Q2: Can I compare profits across different months?
Yes. Change the date filter to the specific months you want to view and compare.

Q3: What is the difference between Profit & Loss and Business Summary?
The Profit & Loss focuses on financial performance (income vs. expenses), while the Business Summary gives a broad overview of sales, products, and debts.