Profit and Loss

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## Profit and Loss

The Profit and Loss report provides a detailed list of your income, expenses and profitability for the day.

You can view the reports for all your stands at once, or for each individual stands.

The Profit and Loss report contains the following elements:

Element | Description
Revenue | The total revenue earned from the sales of lemonade.
Costs | The costs involved in making the lemonade to be sold.
Sold Stock | The purchase cost of all stock used to make the lemonade that was sold.
Spoiled Stock | The purchase cost of all the stock that was spoiled due to age or to discarded pitchers.
Wasted Overstock | The purchase cost of all stock that was wasted due to a large daily order or a change in the stand's storage capacity.
Staff | The daily cost for the staff.
Total Cost | The sum of the costs for Sold Stock, Spoiled Stock, Wasted Overstock and Staff.
Gross Profit | The difference of Revenue and Total Cost.
Gross Margin | The percentage of Gross Profit to Revenue.
Expenses | The costs of running the lemonade business.
Marketing | The daily cost of marketing campaigns.
Permits | The daily cost of district permits.
Total Expenses | The sum of the costs for Marketing and Permits.
Net Profit | The difference of Gross Profit and Total Expenses.