Monthly Income Statement Template Xls

It shows the company s income and expenses during a particular period.

Monthly income statement template xls. A monthly income statement also called a profit and loss statement summarizes the financial operations of the month as well. Open this dashboard templates using excel 2007 or newer microsoft office software. Our collection of financial documents templates forms and spreadsheets includes templates designed specifically for small business owners private individuals or finance staff. The second worksheet shown on the right is a multi step income statement that calculates gross profit and operating income.

By filling out the form at the top of this page you can download the excel file with monthly templates. This income statement has a classic and professional design. The template calculates net sales gross profit and net income. Download this professional monthly income statement excel template now.

It indicates how the revenues also known as the top line are transformed into the net income or net profit the result after all revenues and expenses have. The monthly income statement template can be used for any size company and allows for easy adjustment by adding and deleting line items. Companies can use the overall results to find the net profit or loss incurred for the period ended at the end. In fact without a monthly income statement it can sometimes be exceptionally difficult to know exactly how you are spending your money.

A monthly income statement or profit and loss statement is the core of a firm s financial statements. Items listed on an income statement. The income statement is generally a record of income received and expenses incurred over that period. Excel dashboard templates of monthly income statement.

This income statement template was designed for the small business owner and contains two example income statements each on a separate worksheet tab see the screenshots the first is a simple single step income statement with all revenues and expenses lumped together. Income statement income statement all numbers in 000 current month year to date amount of sales beginning inventory selling general administrative extraordinary gain or loss income tax on extraordinary gain example shading series look company name period ending date gross sales. Monthly income statement template a monthly income statement can be an invaluable tool for business owners. Just as every business is unique so is every income statement.

It provides a simplified look at the profitability of a business and can help show where financial opportunities are. Find financial projections to calculate your startup expenses payroll. Income statement templates are print ready tools that companies can use to record present and analyze the operation of the businesses for a given period usually one financial year. A monthly income statement is a great way to keep track of your finances and know exactly how your money is being spent.

Enter your monthly revenue and expense figures and the template will auto populate all calculated fields.