You can see your Tally profit and loss on mobile from Financial Statements on the Reports screen, as income against expense read from the Tally books synced to the phone. The profit and loss tally mobile view is a period result, not a month-by-month grid. On the second of the month the CA asks whether August made money while the owner is still at Fancy Bazaar, and the statement opens without the office desktop. Sales for the period sit against purchase, expense and the closing the books already hold. PDF and Excel export sit behind a chooser sheet. Tally-format export exists for the layout the CA expects, and Profit and Loss in that Tally format exports only for the current period. MIS Reports, a 12-month grid, can legitimately differ from this statement on closing stock. The P&L is the period result the CA names.
Key Highlights
- Profit & Loss is read straight from the Tally books synced to the phone, income against expense for the period
- PDF and Excel export sit behind a chooser sheet. Every file leaves through the phone's share sheet
- Tally-format export exists for Profit & Loss, and only for the current period
In This Article
- What the profit and loss tally mobile statement shows
- Opening Profit & Loss from Financial Statements
- Reading August at Fancy Bazaar
- Exporting for the CA from the share sheet
- Profit & Loss next to MIS and the profit report
- What the statement does not answer
- Month-end order at Fancy Bazaar
- Frequently Asked Questions
What the profit and loss tally mobile statement shows
A Profit & Loss statement is income against expense for a period, so you can see whether the books made money. For a Guwahati FMCG distributor, that is sales of rice, oil and atta against purchases, godown rent, salaries, freight and the rest Tally already books. On the phone it is that same statement, read from the Tally books synced to the device.
It answers the month-end question: did this period result in a profit or a loss, in the shape Tally already uses. It does not show which month inside the year was the weak one. That is the 12-month MIS grid. It does not show Sharma Kirana's ₹1,85,000 at 47 days. That is Collections Outstanding, on the outstanding receivables report.
Financial Statements hold Trial Balance, Profit & Loss, Balance Sheet and MIS Reports. Profit & Loss sits between the Trial Balance list and the Balance Sheet drill. The working-day order is the daily checklist for Tally reports.
Opening Profit & Loss from Financial Statements
The CA's "P&L bhej do" lands at 9:25, three WhatsApps after the Trial Balance request. Reports, Financial Statements, Profit & Loss. The statement loads from the synced books. There is no second set of income and expense on the phone.
Party search on every report is a search box. You type a name. On Profit & Loss that search is useful when an income or expense ledger is named after a party or a godown. Access to the Reports tab is permission-controlled per team member. A salesman without that permission does not see this statement.
The phone reading of Tally reports on mobile is the same books through the day. Profit & Loss is the period result in that set.
Reading August at Fancy Bazaar
The owner is still on the counter. Mustard oil cases on the left, the CA on the phone. What he actually reads: sales for the period against purchase, then the expense ledgers that quietly ate August, then whether the result is the profit he quoted his brother last week. If sales look like ₹6,20,000 and he remembers a ₹7,00,000 month, Daybook and the sales register are the next stop, not an argument with the CA from memory.
Baruah Store of Paltan Bazaar lifted ₹2,20,000 in August on paper, in the salesman's notebook. If those bills never posted, the P&L will not contain them, and the CA will file a thinner year than the godown felt. The statement is the books. The notebook is still the notebook.
The profitability report for distributors is the margin reading that sits beside this statement: gross profit, the rupee that survived after the goods. Profit & Loss is the statutory shape. The profit report is the trading cut. Open both when the question is "did we make money" rather than "what does Tally print for the CA".
A line that looks off is a voucher in Tally. A purchase booked to an expense ledger, a scheme credit note parked on sales, freight sitting in the owner's drawing. Fix it in Tally, wait for the sync, open the statement again.
Godown rent that posted twice will sit in the P&L until someone deletes the duplicate in Tally. The phone will keep showing ₹36,000 of rent on a ₹18,000 godown. That is the statement doing its job. The fix is the voucher.
Exporting for the CA from the share sheet
The CA wants a file. PDF and Excel export exist for Profit & Loss, behind a chooser sheet. Tally-format export, the layout Tally itself prints, exists for five statutory reports: Trial Balance, Balance Sheet, Profit & Loss, Bills Payable and Bills Receivable. Profit & Loss and Balance Sheet export in that Tally format only for the current period. If the CA wants last year's P&L in Tally format, that file still comes from Tally on the desktop.
At 9:28 the owner almost sends a screenshot of the P&L scroll. The CA will not file a screenshot. He will ask for the layout Tally prints. The owner picks Tally format from the chooser, then WhatsApp on the share sheet. Fancy Bazaar does not close. The file that lands in the CA's chat is the current-period statement, which is the one the rule allows.
Every exported PDF or Excel goes through the phone's share sheet, where you pick WhatsApp, or email, or Drive. At 9:30 the owner picks WhatsApp, sends the current-period Tally-format P&L, and stays at Fancy Bazaar. The five-report list and the current-period rule are in Tally-format export from the phone.
Profit & Loss next to MIS and the profit report
MIS Reports show a 12-month grid with a total column. They are part of Reports+. There is no drill-down from an MIS cell into a voucher or a ledger. The grid is month-by-month movement. Profit & Loss is a period result. The MIS total and the P&L can legitimately differ on closing stock, which is why you hold both rather than picking a winner. That comparison is MIS report versus profit and loss. The daily-scorecard habit of reading the same handful of numbers is MIS reports for distributors.
Trial Balance is the flat list under this statement. Balance Sheet is assets and liabilities with group to sub-group to ledger. Neither replaces Profit & Loss for the "did August make money" question.
What the statement does not answer
Profit & Loss does not age Sharma's bills. It does not list today's twelve invoices. It does not show cash in SBI versus cash in the till. Those are Bills Receivable, Daybook, and the cash and bank position.
It also does not rewrite Tally. If the Balance Sheet shows a Difference row, the synced books need attention in Tally before you treat this P&L as the file the CA should file. The phone reads the books. It does not foot them for you.
Month-end order at Fancy Bazaar
The second of the month has a useful order, and the owner who skips it sends the CA a P&L of books he has not scanned. Trial Balance first, as a list, from the trial balance on the phone. Then Profit & Loss, income against expense. Then the MIS grid, if the company has Reports+, for August versus July. Then export.
At 9:25 the CA wants the P&L. At 9:26 the owner still opens Trial Balance for ninety seconds, because a Purchase line that is ₹1,20,000 light will show there before it shows as a thin month in the P&L. Fancy Bazaar can wait. The mustard-oil stack is not going to walk away. The CA's 4 PM call will, if the file is wrong.
What he actually checks on the P&L after that: sales against the ₹42,00,000 year-to-date he saw on the This Financial Year band at 8:30, expense ledgers that should look like rent and freight rather than a surprise drawing, and whether the result is close to the profit he quoted his brother. If sales on the P&L and Sales Invoice on the band tell two different stories, Daybook for Last 30 days is the next sitting. The P&L named the gap. It did not name the missing bills.
A scheme credit note parked on sales will make August look poorer than the godown felt. That is a Tally voucher question. The phone will keep showing it until someone posts the credit note to the right ledger. Send the CA the file after that posting, not before.
Takkada is a Tally-integrated receivables and auto-reconciliation app for Indian distributors, with 0% MDR UPI collection and WhatsApp dispatch.
Frequently Asked Questions
Q: Can I see my Tally profit and loss on mobile?
A: Yes. Open Reports, then Financial Statements, then Profit and Loss. The profit and loss tally mobile view is income against expense, read from the Tally books synced to the phone. It is a period result. The 12-month movement grid is MIS Reports.
Q: Can I export the Profit and Loss to Excel from the phone?
A: Yes. Profit and Loss offers a PDF and Excel chooser. Every exported PDF or Excel goes through the phone's share sheet, where you pick WhatsApp, email or Drive. Tally-format export also exists for Profit and Loss, and only for the current period.
Q: Can I send a Tally-format Profit and Loss to my CA from the phone?
A: Yes, for the current period. Tally-format export, the layout Tally itself prints, exists for Trial Balance, Balance Sheet, Profit and Loss, Bills Payable and Bills Receivable. Profit and Loss and Balance Sheet export in that Tally format only for the current period.
Q: Why might the MIS total differ from the Profit and Loss?
A: MIS Reports are a 12-month grid of month-by-month movement. Profit and Loss is a period result. The two can legitimately differ on closing stock. MIS has no drill-down. Profit and Loss is the statement the CA names for the period.
Q: Is Profit and Loss on the phone a second set of books?
A: No. Trial Balance, Profit and Loss and Balance Sheet are read straight from the Tally books synced to the phone. A line that looks wrong is a voucher to fix in Tally. When the Balance Sheet shows a Difference row, the synced books need attention in Tally.
Q: What should I open if I want margin rather than the statutory P&L?
A: Profit and Loss is income against expense in the shape Tally already prints. The profitability report for distributors is the margin reading that sits beside it. Open Profit and Loss when the CA asks for the period result. Open the profit report when the question is the rupee that survived after the goods.
Takkada is a Tally-integrated receivables and auto-reconciliation app for Indian distributors, with 0% MDR UPI collection and WhatsApp dispatch. Book a free demo.