How it works in Flippedit
The P&L statement is your synced sales, recorded costs and expenses rolled up for a period, laid out the way an accountant expects to read it.
The statement
Gross sales, less eBay collected tax, gives net revenue. Cost of goods sold gives gross profit. Operating expenses, including eBay fees, shipping, promotion fees, business expenses and write-offs, give net profit.
Financial year or any range
Pick a financial year based on the start month in your settings, or a custom date range. The current year is marked in progress with data up to today.
Data completeness check
Before you export, a panel lists any sold items, active listings or unlisted stock still missing a cost, with a link to fix them.
Export and send
Download the PDF, download every table as CSV, or email the statement with both attached.
Inventory on hand
Active listings, unlisted inventory and remaining bulk cost are shown as inventory. They are informational and not part of the profit totals.
Other channels included
Sales you logged from other marketplaces are in the same statement as eBay.
Not tax advice
The statement is built from your records. Check dates, fees and COGS with your accountant before lodging anything.