> ## Documentation Index > Fetch the complete documentation index at: https://guide.garde.app/llms.txt > Use this file to discover all available pages before exploring further. # P&L and investor reports > Review, release, and share profit and loss reporting. Your P\&L used to arrive weeks after the month ended, when the damage was already done. Here, journals post daily and the P\&L is reviewable within days. Review it while you can still act on it. Two audiences, two tools: * **P\&L Release**: for finance users preparing and publishing the P\&L. * **Investor**: a clean, read-only view for owners and investors. ## The release list P&L Release: every period and location with its draft/published status and send status Open **P\&L Release** in the sidebar. Each row is one period at one location, with two statuses: * **Draft / Published**: whether the report is finalized. * **Send Status**: whether it's been sent to its recipients. Filter by location, period, or status. Drafts sitting for months (a January draft last touched in May) are the rows to clean up. ## Release a P\&L 1. Hit **Start New Release**, or open an existing draft. 2. Pick the reporting period and location. 3. Open the report and review it section by section. Inside a release: AI-written executive narrative over the actual-vs-comparison performance summary Inside the report: * **Executive Narrative** is written for you from the numbers: "Net Income fell to -$266.65, a decrease of $5,500.02 (-105.10%) compared to Jan 2026, primarily driven by a \$8,569.54 decline in Net Sales." Read it first; it tells you where to look. * **Performance Summary** is the P\&L itself: Income, COGS, Labor, Gross Profit, Controllable Expenses, Fixed Expenses, Net Operating Income. Toggle between \$ and % of net sales, and change the **Comparison** period in the top right. * Each section (Revenue Analysis, and the rest) gets its own AI summary under it. * **Sync Data** re-pulls the latest journals into the draft. Use it after fixing anything upstream. 4. Fix upstream problems before releasing. Wrong COGS usually means a [count](/dashboard/inventory) or invoice issue, not a P\&L issue. Sync, re-check, then publish. 5. **Publish**, then send it to recipients. **Send Again** re-delivers; **Unpublish** pulls it back if you caught something late. Configure recipients and report behavior under **P\&L Release → Settings**. ## The investor view **Investor** and **Investor → P\&L Reports** show profitability by location and period without any operational tooling around it. Send investors and partners here. They get the numbers; they don't get your vendor list. ## Know-how * % of Net Sales is the column to read. Labor at 31.88% and COGS at 26.06% are comparable month to month even when sales swing. * A published month is a locked story. If numbers must change after publishing, unpublish, sync, re-review, re-publish. Don't let a stale published report circulate. * Reviewing takes minutes when the month was maintained: invoices approved same-day, counts done, journals exported. A painful P\&L review is a symptom, not the disease.