June 2020 - TurnProTech

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Creating P&L Statements for Your Shop

June 11th, 2020 by

P&L, or Profit and Loss statements are an essential part of running an auto repair shop. Any business with so many moving parts needs detailed account records and tracking documents to 1) determine whether the operation is actually making any money, 2) find any gaps in cash flow or discover any unnecessary expenses and 3)