Template of Profit and Loss Statement

The profit and loss statement or the income statementIncome StatementThe income statement is one of the company’s financial reports that summarizes all of the company’s revenues and expenses over time in order to determine the company’s profit or loss and measure its business activity over time based on user requirements.read more is one of the most important financial statements of the CompanyFinancial Statements Of The CompanyFinancial statements are written reports prepared by a company’s management to present the company’s financial affairs over a given period (quarter, six monthly or yearly). These statements, which include the Balance Sheet, Income Statement, Cash Flows, and Shareholders Equity Statement, must be prepared in accordance with prescribed and standardized accounting standards to ensure uniformity in reporting at all levels.read more, which provides the details of the Company’s revenues and expenses during the particular period the income statement is created. The income statement could be of any period, monthly, quarterly, half-yearly, or annually. The Profit and Loss Statement excel templates here discuss the monthly and annual income statements.

The two can help businesses generate their income statement after entering a few financial numbers of their business. Both the templates look alike in terms of the contents – the period for which the numbers are put in the template varies.

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Components of Profit and Loss Statement

The major components to be filled by the user in the P&L Template in Excel are as below:

Monthly Profit and Loss Template in Excel

The monthly P&L Template in Excel will look like the following:

Annual P&L Template in Excel

The annual P&L Template in Excel will look like the following:

You can download this Template from here – Profit and Loss Statement Excel Template

This article has been a guide to the Profit Loss Statement Template. Here we provide you with the P&L statement excel template for the monthly and annual with examples. You can learn more about financing from the following articles –

  • Examples of Profit & Loss StatementBasics of Income StatementMulti-Step Income StatementPro Forma Income Statement