Profit and Loss template

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$ 4.99

FORMAT
bizzlibrary template file type image

CATEGORY

DEPARTMENT
Accounting

LANGUAGE
English

TYPE & SIZE
.xlsx (0.02 MB)

This accounting statement template allows you to calculate your profit or loss, which is input for the balance sheet or simply to provide the income statement.

How do I make a financial Profit & Loss (P&L) statement?

A Profit & Loss (P&L), also known as Income statement, is one of the most common financial statements of a company or project, which lists the revenues and expenses during a specific period of time. You may calculate it by totaling all of a business's revenue sources and subtracting from that all the business's expenses that are related to revenue. This Financial statement template includes sections for their debits and credits, and pre-built formulas to calculate the total balances for each column.

What is included in a profit and loss statement?

Income

Revenue
Service revenue
Interest revenue
Other revenue
Total Revenues

Expenses

Advertising
Bad debt
Commissions
Cost of goods sold
Depreciation
Employee benefits
Furniture and equipment
Insurance
Interest expense
Maintenance and repairs
Office supplies
Payroll taxes
Rent
Research and development
Salaries and wages
Software
Travel
Utilities
Web hosting and domains
Other

The total sum of those revenues and expenses will state the net income or net profit. This Profit and Loss Statement (P&L) Google Docs and Excel worksheet are ready to print and fully editable according to your own needs.

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