A Profit and Loss projection is another name for the Income Statement. This template is used for creating a 3-year projection. This template is based on our Free Business Budget Template and uses the same income and business expense categories.
For instance, If you’d like to perform a cash flow analysis for a 12-month profit and loss template, try the 12-Month Business Budget Template. All you would need to do is change the title to “12-Month Profit and Loss Projection.” You can also use the profit and loss template below for a monthly cash flow analysis by changing the column labels from years to months.
Projected Profitability Statement Excel Template
This template helps you create a 3-year projection of income and expenses for your business. It uses the same list of categories as the business budget, but also includes columns for calculating the Percentage of Total Sales, which helps you to analyze cost of goods sold and operating expenses.
This workbook contains two profit and loss templates designed for companies providing services or selling goods. The main difference is that the Goods worksheet includes a Cost of Goods Sold section for recording inventory and purchases and calculating Gross Profit.
Using the Profit and Loss Template
The difference between a business budget and a profit and loss projection is subtle, but important. After creating a profit and loss projection, you could simply change the title of your spreadsheet to “Budget”. However, if you are like me, your budget will be much more conservative than your projection. A projection should be as realistic as possible.
Forecasted Profit & loss statement
The Profit and Loss Projection template helps you create a 3-year projection of income and expenses for your business. It uses the same list of categories as the business budget, but also includes columns for calculating the Percentage of Total Sales, which helps you to analyze cost of goods sold and operating expenses.
This workbook contains two profit and loss templates designed for companies providing services or selling goods. The main difference is that the Goods worksheet includes a Cost of Goods Sold section for recording inventory and purchases and calculating Gross Profit.
Using the Profit and Loss Excel Template
Certainly the difference between a business budget and a profit and loss projection is subtle, but important. After creating a profit and loss projection, you could simply change the title of your spreadsheet to “Budget”. However, if you are like me, your budget will be much more conservative than your projection. A projection should be as realistic as possible.
The profit and loss template includes the same set of categories as the business budget, and information about income categories and expense categories can be found on the Income Statement and Business Budget pages.
