Monthly Income Statement Excel Template

A monthly income statement also called a profit and loss statement summarizes the financial operations of the month as well.

Monthly income statement excel template. In fact without a monthly income statement it can sometimes be exceptionally difficult to know exactly how you are spending your money. If you are on a budget this can potentially become a problem very quickly. The template calculates net sales gross profit and net income. It is an accounting tool which describes about the revenues and expenses through both operating and non operating activities.

A monthly income statement is a great way to keep track of your finances and know exactly how your money is being spent. 5 free income statement examples and templates source. The monthly income statement template is designed for a business that requires a more detailed reporting time period or requires a roll up of monthly data into each annual period. Enter your monthly revenue and expense figures and the template will auto populate all calculated fields.

It shows the company s income and expenses during a particular period. It provides a simplified look at the profitability of a business and can help show where financial opportunities are. 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. The excel 2007 or newer excel dashboard templates size is 13 kb.

Since you may see the pie chart is reasonably just like the bell shaped curve of a normal circulation. This excel dashboard template was created on 2011 11 26 21 23 07. Excel populates each cell with the exact formula employed in cell b2. The income statement is generally a record of income received and expenses incurred over that period.

This free monthly income statement template features all 12 calendar months as well as a year to date total. A monthly income statement or profit and loss statement is the core of a firm s financial statements. An income statement template is a unique document for every business and use as a key element to know about the financial position of a company or business. Open this dashboard templates using excel 2007 or newer microsoft office software.

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. This income statement has a classic and professional design. Monthly income statement template a monthly income statement can be an invaluable tool for business owners. Ms excel on the flip side can do each of the things word can not.

Since this template shows the data on a monthly basis seasonality and month over month trends can be easily analyzed. Excel dashboard monthly income statement templates.