Although the template is an example of an income statement for a business that purchases inventory and processes it into a final product, you can quickly customize it to reflect your business situation.
File Description: The file contains a Microsoft Excel (version 4.0 and above) spreadsheet template.
- Download this spreadsheet template just once, and be able to use it over and over again..
- The spreadsheet already contains many account titles used by various types of businesses in preparing an income statement.
- The spreadsheet is completely customizable: you can quickly add or delete account titles or revise the format to suit your needs.
- The spreadsheet is easy to use. Just plug in your numbers and it will automatically calculate all the subtotals and totals and compute your net income.