10/16/2026
Most designers open their P&L report, glance at the bottom number, and close it. That one number doesn't tell you nearly enough. π
This carousel walks through how to actually read the report in seven steps. Revenue tells you how much work moved through the practice, not how much you kept.
Subtracting direct project costs gives you gross profit, the true margin on the work itself. Separating overhead from project costs shows what your business spends regardless of how busy you are.
Subtracting that overhead gives you operating profit, the clearest picture of how the practice performs before tax.
And comparing three to six months side by side shows whether profit is genuinely growing or just bouncing between good and slow months.
Understanding each line changes how you price, hire, and plan. Swipe through all seven steps to see the full breakdown.
MTY Bookkeeping, Inc. provides bookkeeping and financial services for interior designers and architects, based in Wappingers Falls, NY.
Visit them at 942 NY-376, Suite 208, Wappingers Falls, NY 12590, call +1 845-202-0508, or visit mtybooks.com to learn more. πΏ
After reading this, which part of your P&L do you want to understand better? Share below. π