25 Monthly Income Statement Template

Written By Anonymous Tuesday, June 9, 2015 Add Comment Edit

This income statement template was designed for the small business owner and contains two example income statements each on a separate worksheet tab see the screenshotsthe first is a simple single step income statement with all revenues and expenses lumped together. 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.

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

Monthly income statement template. Enter your monthly revenue and expense figures and the template will auto. Monthly income statement template. One can download the free template income statements and many more for the pdf format excel and word.

A monthly income expense statement is used to make an assumption of how much we will be making and write that in the cell adjacent to the actual amount. The income statement covers the following periods such as five months ended may 31 year ended may 31 quarter ended may 31 five weeks ended may 31 or month ended may 31. The second worksheet shown on the right is a multi step income statement that calculates gross profit and operating income.

Some business owners even create monthly income quarterly or yearly statements. How to use a monthly income statement template. The template calculates net sales gross profit and net income.

This income statement has a classic and professional design. This free monthly income statement template features all 12 calendar months as well as a year to date total. Because a monthly income statement template shows profitability it is important that these statements are being generated on a regular basis this is why utilizing a monthly income statement spreadsheet can be incredibly helpful for providing an at a glance look at multiple months and even the full years figures.

From there you can calculate your profit or loss for the given period. The blank income statement has customizable fields for you to plug in your revenue and expenses. This is because we might be having some passive income sources which might not always earn you the same amount.

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