This presentation and we will take a look at how to create a budgeted Profit and Loss report or budgeted income statement report. Let’s get into it with Intuit QuickBooks Online. Here we are in our get great guitars file. Before we open up the process of doing the data input for a budgeted profit loss. Let’s first take a look at a profit and loss. We’re going to go down to the reports on the left hand side, we’re going to be opening up the P and L the profit and loss the income statement, this is going to be the poor performance report.