P L Template

You can also expand the templates to track income from multiple sources and use them to view the your p l profits and losses during various time periods monthly quarterly annually etc.
P l template. Along with the balance sheet and the cash flow statement the income statement is one of the three basic financial statements. On the p l template you will subtract all expenses related to the company s income giving you a clear overview of the financial progress you ve made over the period of time. Choose the profit and loss template that suits your business needs and download it free of charge. This profit and loss p l statement profit and loss statement p l a profit and loss statement p l or income statement or statement of operations is a financial report that provides a summary of a company s revenues expenses and profits losses over a given period of time.
A profit and loss statement may have different names or titles such as profit loss p l statement income statement statement of revenues and expenses or statement of profit and loss. The p l statement shows a company s ability to generate sales manage. By showing all of the information in a series of monthly columns much more detail is visible than if only the annual figures were shown. Profit and loss p l statement template.
A collection of free professionally designed and ad free profit and loss statement templates for your business. Annual p l template ideal for businesses who have been operating for several years. You ll find profit and loss templates in excel are easy to use and configure to any business in minutes no accounting degree necessary. 1 monthly profit and loss template p l template the monthly p l template is perfect for businesses that require regular reporting and detail.
For restaurants which have slightly different sales and expenses to other businesses please see the specific restaurant profit and loss statement we have created. Profit and loss templates. Profit and loss statement s making period could be an accounting year quarter year half year or three months as per policies and system the business or company is using. Small businesses tend to use a p l statement every month but larger companies may only do the math every quarter for purposes of reporting back to stakeholders such as your board of directors stockholders or.
Can be used by any size business and can be easily altered. Use this accessible template to create an income statement. These templates are available in microsoft excel format and you can download and customize them to fit your business requirements. Follows the same format and structure and the monthly p l but does not include a total column at the end that sums up each of the periods.
You can access and modify any p l template to include company name and logo to create professional looking documents to share with managers partners investors and financial institutions. The two types of templates included in the file are shown below. This spreadsheet can record income from up to four different products or services so can be used in a variety of areas. It is designed to work over a year with four columns for entering data over each of the four quarters.