Fiscal Sponsor Knowledge Base
  • Welcome to Mazlo!
  • Getting Started
    • The Fiscal Sponsor Dashboard
    • Build Your Chart of Accounts
    • Invite Team Members
    • Fund Your Mazlo Account via ACH
    • Wire Instructions
    • Submit a Help Request to the Mazlo Team
  • Projects
    • Create a New Project and Activate Banking
    • Make an Internal Transfer
  • Contacts
    • Create Contact Profiles for Donors and Recipients
  • Check Deposits
    • Make a Mobile Check Deposit
  • Send Money
    • Send an ACH Transfer
    • Mail a Physical Check
    • Approve and Send Payment Requests for Projects
  • Mazlo Cards
    • Issue a Mazlo Card
    • Add Your Mazlo Card to Your Virtual Wallet
    • Using Your Mazlo Card Abroad: Prohibited Countries List
  • Donation Campaign
    • Activate Mazlo Donation Campaign
    • Create a Custom Donation Campaign
  • Transactions
    • Transaction Details: Credits and Debits
    • Splitting Transactions
    • Use Magic Suggestions to Tag Donors to Stripe and Mazlo Campaign Payouts
    • Export Custom Transaction Reports
  • Declined Transactions & How to Resolve Them
  • Compliance
    • Donor Acknowledgement Letters
    • Create a Grant Profile
    • Require Payment Requests to Include an Attachment or Accounting Code
  • Settings
    • Customize Your Organization's Logos
    • Build Live P&L Statements
    • Bank Statements
    • Enable ACH Pull
  • Integrations
    • Update Stripe with Mazlo Account Details
    • Connect Your Stripe Account with an API Key
Powered by GitBook
On this page
  • Introduction
  • Build Live P&L Statements
  • Contact Our Team
  1. Settings

Build Live P&L Statements

With all transactions marked as complete, Mazlo builds a P&L statement to provide live insight into your organization's financial standing.

PreviousCustomize Your Organization's LogosNextBank Statements

Last updated 18 days ago

Introduction

Generate comprehensive P&L statements that reflect the financial status across all your organization's accounts. These reports provide detailed insights into revenue streams and expense allocations.

How Does the Live P&L Work?

As transactions are coded and marked as complete, the P&L statement is automatically updated, ensuring that your financial data is always current. Your team can code all transactions as specific types of revenue or expenses to match your chart of accounts.

Build Live P&L Statements

Step 1: Open the Accounting Settings

On the left-side menu, select 'Settings.' Then from the settings menu, select 'Accounting.'

Step 2: Open All the Incomplete Transactions

To see transactions in the P&L, they must be marked as complete. All incomplete transactions will be available here to easily review, code, and mark as complete.

Step 3: Review the Incomplete Transactions and Click to Open the Transaction Details

Step 4: Add an Accounting Code, Mark the Transaction as Complete, and Save All Changes

With the accurate accounting code added, mark the transaction as 'Complete.'

Save all changes.

Step 5: Navigate Back to the P&L by Clicking the Blue Icon

Step 7: Apply Filters to Review Custom Date Ranges

Select a date range to apply it to the P&L. The date range selection will change the data that is used to calculate the P&L statement.

Step 8: Select an Account to View the P&L for an Individual Account

Click the account name or the 'All Accounts' default option.

Select the account to review its P&L.

Step 9: Download the P&L to Export the Data as an Excel File

If popups are enabled for your browser, you will see the file in your Downloads folder immediately.

Finally, open the file to review the P&L data for the date range you selected.

Contact Our Team

Please contact our team if you have any questions: .

support@mazlo.com