Basic Profit And Loss Statement For Small Business – We’ve compiled a comprehensive list of profit and loss templates for small businesses. All templates are free, printable, and downloadable and editable.
On this page, you’ll find basic profit and loss templates, examples of annual profit and loss statements, profit and loss dashboards, and profit and loss templates organized by small business type.
Basic Profit And Loss Statement For Small Business
This simple income statement template comes in a variety of formats, including sections for calculating business income and expenses over a customizable time frame. Example expenses include employee salaries, office rent, utilities, insurance, supplies, and taxes. Use this template to create a detailed list of business expenses and view total net income.
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Create a 12-month income statement that tracks monthly and year-to-date expenses and income. After entering your data into the spreadsheet, the template calculates totals and generates graphs showing gross profit, total expenses, and profit and loss over time. This template includes sample line items with common small business expenses and income sources. For added convenience, the spreadsheet breaks down expenses into categories such as employee salaries, banking, overhead, vehicle costs, and taxes.
Use this template to create a pro-forma income statement for an annual financial forecast or to complete a year-over-year profit and loss analysis. For efficiency, this template includes sample data for a small business, including total sales, cost of sales, operating expenses, and net income before and after taxes.
This blank income statement allows you to record quarterly financial data for one year. The template layout is simple and intuitive, including sections for tracking business income, expenses, and tax information. Enter your business name, sources of income, discounts or other perks, business expenses and tax details. The template will automatically calculate subtotals and total net income.
Oversee monthly profit and loss information for your small business with this dashboard template. The template includes charts showing total revenue, cost of sales, gross profit, total expenses, earnings before interest and taxes (EBIT), and net income before and after taxes. Use this template to compare financial details from previous months to the current month and provide stakeholders with an overview of monthly revenue performance.
Statement Samples, Format & Examples 2023
Designed for independent contractors and other self-employed individuals, this income statement includes areas for recording income from multiple clients, tax expenses, and business expenses. After entering the revenue received from each customer, the template subtracts fees and taxes to calculate net revenue. Customize an income statement for your small business with a sample expense list.
This template uses a basic income statement format to help you track hotel revenue and expenses. Give each item a reference number and record all sources of income and expenses in the appropriate fields. By doing this, you can closely monitor all profits and losses of your hotel or other hospitality business.
Use this template to track money for your daycare business. Record income information such as course fees, monthly fees, and donations. Also, record expenses such as food, art supplies, toys, rent, utilities, and wages. The template automatically calculates your net profit or loss for any time period you choose.
Consolidate financial information for multiple rental properties into one income statement. This comprehensive template includes sections for recording property details, deposits received and rental income. List everyday expenses such as landscaping and property management fees for each month of the year. Track one-time expenses individually, listing dates, totals paid, and other details. Realtors can customize this template to create an income statement template for their small business.
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This restaurant income statement provides sample sales items, labor costs, and other common restaurant revenue sources and expenses. Common sources of income include food and beverage purchases and merchandise, while common expenses include marketing costs, utilities, equipment repairs, depreciation, and administrative and labor costs. For simplicity, the template separates labor costs into salaries, hourly wages, and employee benefits. The template also calculates gross sales, gross profit, gross expenses, and net income.
Use this construction profit and loss spreadsheet to view monthly and annual financial data. Enter monthly revenue for each client or project and list job costs such as labor, materials, equipment rental, and dumping. Add overhead costs, from advertising and professional memberships to vehicle costs and minor equipment purchases. This template automatically calculates the monthly total, clearly displays the profit and loss information, and is easy to use.
This profit and loss template includes common hair salon sales items and expenses. Gross profit is calculated by subtracting total fee costs from your total revenue from salon services, retail sales, and rental income. For clarity and accuracy, list all salon costs including marketing costs, utilities, subscription fees, business licenses, insurance, and all other operating costs. Download an Excel spreadsheet that calculates the totals automatically, or select the PDF table for manual calculations.
Using a simple 12-month spreadsheet format, this template allows you to track the gross profit and net income of your landscaping business. Enter all income from landscaping customers, as well as business expenses such as labor, fuel, equipment rentals, tools, vehicle expenses, and advertising expenses. This template calculates monthly and annual subtotals and net profit and loss.
What Is An Income Statement?
, the Profit and Loss template calculates a business’s profit and loss by subtracting costs and expenses from revenue.
Small business owners can use an income statement to measure business performance on a monthly, quarterly, or annual basis. Along with other financial documents such as balance sheets and cash flow statements, income statement templates help facilitate accurate financial tracking and forecasting of future business performance.
To learn how to create an income statement in Excel with step-by-step instructions, visit our tutorial.
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Income Statements For Manufacturing Companies
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