P&L stands for Profit and Loss statement, a.k.a. Financial Statement or Income Statement. P&Ls show a clear picture of your income and expenses and will often be requested by tax preparers.

SimplePNL™ is designed to help you quickly organize bank statements into expense & income categories. It will help you quickly organize your financial info to maximize your tax benefits.

SimplePNL™ is easy to use – just download a bank statement or period of activity as a CSV from your bank, upload it to the SimplePNL™ app, and start categorizing!

We made this helpful breakdown of the nitty gritty of business reporting that you can request as a PDF here for $10. This PDF includes a step-by-step guide on how to use the free APP, and gives you a little extra help getting started!