The Profit & Loss statement of a veterinary practice is intimidating at first glance. There’s a lot of information on that one document, but it can generally be simplified into three main components: Top, Middle, And Bottom. The “top line” of the clinic is the total revenues collected over the period of the P&L. Drawing analogy to a biological system (what we understand better as clinicians), these are the “ins” of the clinic. The middle of the P&L is where all expenses sit.