In order to create the profit and loss report please follow up the steps.
Step 1: Go to “Reports” and then “profits and loss ”
Step 2: Select the dates you would like to generate the report and the currency
This report will only be generated in the chosen currency.
Step 3: On the box Profits add the purchase exchange rate , and on Expenses , add the sales exchange rate .
Step 4: Click on the button “Download loss and profit report ”, you will get an Excel report that will look like the example :