Small business profit and loss statement template is used to project income and expenses for a specific time period. Thus, Enter expected income, cost of goods sold, and business expenses, and the built-in formulas will automatically calculate the net income.
Profit and loss statement for small business
How do I create a profit and loss statement for free?
- Choose a Format. Decide which profit and loss template format you’ll use.
- Download the Template. Download your free profit and loss template from FreshBooks in seconds.
- Enter Revenue. Add your revenue numbers in the appropriate field.
- Enter Expenses.
- Calculate Net Income.
- Determine Profitability.