Income Statement

The Income Statement (also called a Profit & Loss or P&L statement) summarizes your revenue, costs, and expenses during a specific period. It shows whether your organization made a profit or loss.

Navigate to Ledger → Reports → Income Statement.

Report Structure

Revenue

All revenue accounts from your chart of accounts. Default seeded revenue accounts:

• Delivery Revenue (REVENUE-DELIVERY)
• Service Fee Revenue (REVENUE-SERVICE-FEE)
• Subscription Revenue (REVENUE-SUBSCRIPTION)
• Other Revenue (REVENUE-OTHER)

Total Revenue

Expenses

All expense accounts. Default seeded expenses:

• Driver Payout Expense (EXPENSE-DRIVER-PAYOUT)
• Payment Gateway Fees (EXPENSE-GATEWAY-FEES)
• Refunds & Chargebacks (EXPENSE-REFUNDS)
• Wallet Expenses (EXPENSE-WALLET)
• Other Operating Expenses (EXPENSE-OTHER)

Total Expenses

Net Income

Net Income = Total Revenue - Total Expenses

A positive net income indicates profit; negative indicates a loss for the period.

Setting the Report Period

The default period is the current month (start of month → today).

Revenue Recognition

Ledger uses accrual accounting — revenue is recognized at the time a revenue_recognition journal entry is posted (typically when a draft invoice is created from a Fleet-Ops PurchaseRate, or when a Storefront sale records a storefront_sale entry), not when cash is received.

For cash-basis reporting, filter the general ledger to journal entries of type invoice_payment and gateway_payment and aggregate those instead.

Comparing Periods

The Ledger dashboard shows previous-period comparison for total revenue, total expenses, and net income — i.e. the prior period of equal length, not year-over-year. For arbitrary period-over-period comparison, generate two income statements for the respective ranges and compare them side by side.