Can Someone give me a format for a year to date profit & loss statement?

Tramica J


My husband is self employed. We’re in the process of purchasing a home and they want a year to date profit and lost statement. I need to know exactly how to write this up. Please help!!! We need this done by tomorrow.

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Tags: Profit And Lost Statement, Year To Date

This entry was posted on Wednesday, August 12th, 2009 at 4:40 am and is filed under Business tips. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “Can Someone give me a format for a year to date profit & loss statement?”

1. kathykoul Says:
   August 15th, 2009 at 1:29 pm

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   Basic acceptable format follows. Invest in quickbooks for the small business – worth the money – and could print you out a P&L in 10 seconds. Change the expense categories or cost of good sold (if he has none just remove it completely) as it applies to his business – the example below is generic so just follow that format. Center heading, use columns and align all the dollar amounts properly – can’t do that here sorry. Standard is to double underline net income at the end. Try searching web also – you might be able to find a free template to use – maybe microsoft office on the web would have free templates if you use office.

   ABC Company
   Profit and Loss Statment
   4/7/09

   Gross Receipts $ 200,000

   Cost of Goods Sold $ 40,000

   Gross Profit $160,000

   Expenses:
   Advertising 5,000
   Bank fees 200
   Payroll 25,000
   Insurance 1,000
   Legal fees 1,000
   Licenses & Permits 500
   Office Supplies 800
   Rent 10,000
   Taxes 2,000
   Utilities 4,500
   ————–
   TOTAL EXPENSES (50,000)

   NET INCOME 110,000
   ========