Tools/raw materials
Accounting software
balance sheet
profit statement
Methods/steps
Open and log in the accounting software.
Select and view the income statement.
Find out the "net profit" item in the income statement.
A negative net profit indicates a loss. The current period represents the loss of this month; The number of this year indicates the accumulated loss of this year.
Go back to the home page and select the balance sheet.
Find the "undistributed profit" item in the balance sheet.
The ending balance of undistributed profits represents the total profit and loss of the enterprise up to now. If it is negative, it means the total loss of the enterprise since its opening.
Matters needing attention
The balance sheet shows the accumulated profits and losses of the enterprise since its opening.
The income statement shows the profit and loss of the enterprise this month and the accumulated profit and loss this year.
Both the balance sheet and the income statement can show whether the enterprise is losing money, but the statistical caliber of the loss is different.