About pnlstorm
Your profit and loss, made simple.
Putting together a profit and loss statement shouldn’t mean wrestling with spreadsheets or learning accounting. pnlstorm does the calculations and makes it really simple and straightforward to produce a statement that’s easy to use, ready to give to your accountant, to use with Centrelink forms like the SU580, or to show anyone else who asks to see your income and expenses.
What it solves
The hard part is the sums. We handle them.
The calculations, done for you
Fixed and variable expense totals, total expenses and net profit update as you type. Helper calculators work out the awkward lines for you: depreciation on equipment, vehicle registration, phone and internet, power, and rent for part of your home. You enter plain figures and pnlstorm scales them to your statement period.
Simple and straightforward
You are asked one question at a time, in plain language, with an example for every cost. There is nothing to set up and no accounting knowledge needed. If you stop halfway, your draft is saved and you can pick up where you left off.
Ready to hand over
At the end you download a Profit and Loss Statement as a PDF that is easy to use and easy to read. Email it to your accountant or bookkeeper, print it, or keep it with your records. Every statement you download is saved in your history so you can download it again or reuse it next time.
Who it’s for
Anyone who has to show their numbers.
pnlstorm is built for sole traders and small business owners who need a profit and loss statement and would rather not become accountants to get one. Use it before tax time, when you need the income and expense figures for Centrelink’s SU580 form, when you apply for finance, or any time someone asks for a statement of what came in and what went out. pnlstorm doesn’t fill in the SU580 form for you, but it gives you the totals to work from.
- 1
Answer a few plain questions
Your business details, the period the statement covers, your income, then each expense.
- 2
Watch the totals work themselves out
No formulas and no spreadsheet. The totals and your net profit are always in front of you.
- 3
Download your statement
Review the figures, add any notes for your accountant, and save the PDF.
Your figures stay yours
Your draft and your statements are private to your account. You can export everything pnlstorm has stored, and delete your account and data yourself at any time.
What pnlstorm isn’t
pnlstorm is not an accountant, tax agent or financial adviser, and it isn’t bookkeeping software. It puts the figures you enter into a statement. Different organisations ask for different things, so check what yours needs, and talk to your accountant about how your figures should be treated. Read our terms and conditions for the detail.
Ready to get your statement sorted?
Sign up, answer the questions and download your profit and loss statement in minutes.
Start the wizard