Income Statement / P&L Statement Template
What Is An Income Statement?
An income statement is a summary of a company’s profit or loss during any given period. Financial performance is assessed by giving a summary of how the business incurs its revenues and expenses through both operating and non-operating activities. The following post contains a free template design for an Income Statement or Profit And Loss Statement. Because it also shows the net profit or loss incurred over a specific accounting period, typically over a fiscal quarter or year. Also known as the “profit and loss statement” or “statement of revenue and expense.” You may also like Excel Profit Loss Report Template, and Receipt And Payment Report Template.
Important Features Of Income Or Profit And Loss Statement:
The main purpose of an Income Statement is to provide the financial situation of the company. It is very appealing to investors, stakeholders, and brokers. Generally, a Profit And Loss Statement consists of Revenue, Cost Of Sales, and Operating Expenses followed by a deduction to net profit or loss. However, the Income Statement for every company or organization varies. An Income Statement is also called a statement of financial performance, operation statement, statement of operation, and earning statement. See also Financial Report Templates.
How To Edit and Customize Free Income Statement Templates?
As a professional employee or employer, you might need to prepare several reports, agreements, and statements every day. Performing the same job daily can make things hectic and full of errors. You can download from any of our templates and use them according to your needs. All the templates are designed in MS Office, either in Excel or Word, the two most commonly used programs throughout the world. Download the template you like, edit it, and you are done!
Below is the preview of our Income Statement / P&L Statement Template created in MS Excel:
Income Statement Report:
Download Income Statement Report:
Free Income Statement Report:
Word Income Statement Report:
The report is created in MS Excel so that it can be easily edited and compiled. You can download the link below, it covers every aspect, is printable, and what’s more – FREE.
