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Analyzing Net Profit and Loss with SUM Function in Google Sheets. The net profit or loss is the ultimate measure of a company's financial performance. To calculate net profit or loss, subtract the total operating expenses from the gross profit.
About the Profit and Loss Report for Google Sheets Open the Extensions menu at the top of your Google Sheet. Choose Tiller Community Solutions > Reports > Profit & Loss. Configure the report to meet your needs. Click Create Report.
Yearly Profit and Loss Statement - free Google Sheet Template - 10062846. Make life easier by using a profit and loss template to track your company's income and expenses.
You can create a regular sheet that you want to use as a template, and name it something like "Template." Once you create it, go to File -> Make a Copy, then rename it as a new sheet. When you want to use it again as a template, just open it, and "Make a Copy" and go from there.