Profit and Loss by Month exports Profit and Loss results for Months and Year-to-Date.
Profit and Loss by Month with Budget exports Profit and Loss results for Months and Year-to-Date along with Monthly Budget, YTD Budget, and Actual to Budget.
Profit and Loss Reports include a varied selection depending on size of your company.
Profit and Loss Statement is an original printable financial report you run for one year. You choose the Date Range, but submit only one year, and whether to Print or Export.
OTOH, Profit and Loss by Month with Budget will only Export to open in Excel, etc.. And with Budget, by Department, and so on, need you to have Budgets, Departments.
Omit Zeroes has been the subject of much debate. Sykes decreed all accounts, always! Omit Zeroes reports are handy though, only showing Accounts with non-zero results.
Profit and Loss should match your Balance Sheet, which shows Current Year Earnings. But it is also handy to run for any Date Range and have it Omit Zeroes to keep it brief.
In choosing, keep in mind that Omit Zeroes may raise eyebrows or cause consternation if filtered results do not align to full year, past year, or other Profit and Loss reporting.