Whether you’re self-employed, have a small business or are in charge of the financial documents at the company you work at, you’ll find a profit and loss template useful. It’s mandatory that all profit-making organizations complete one of these statements periodically, regardless if it’s on a monthly or yearly basis. Use one of our free templates for your statement below!
1. Profit and Loss Template for Self Employed1. Profit and Loss Template for Self Employed
Our first template is the ideal choice for users who are self-employed. The document is straightforward and includes almost all of the categories you’ll have to include in your profit and loss statement. You can either delete the sections that don’t apply or leave them blank.
2. Profit and Loss Statement for Small Business2. Profit and Loss Statement for Small Business
If you have taken your entrepreneurial skills to the next level by opening a business, we recommend that you use this template. It’s a bit more complex than the self-employed alternative, with additional sections based on expenses. Customize it with your company logo at the top.
3. Monthly Profit and Loss Template3. Monthly Profit and Loss Template
Prefer keeping track of your profit gains and losses every month? You can print a copy of this template every month and add it to your files upon completion. We have left extra space in the expenses category so you can further customize this template.
4. Year to Date Profit and Loss Template4. Year to Date Profit and Loss Statement
Some companies require a statement of the profit and loss they have experienced up to a point in a specific year. If you find yourself in this situation, you can easily insert amounts for the current month with their YTD (year to date) counterpart on the right.
5. Forecast Profit and Loss Template5. Forecast Profit and Loss Statement
Finally, we encourage you to use this template if you’re required to predict the profit and loss of your business for the ongoing or following year. This is our most detailed template, with plenty of sections to cover all expenses for the 12 months of the year.
In conclusion, you won’t regret using a profit and loss template for analyzing your revenue. Regardless if you want to focus on a certain month or an entire year, you can easily download and personalize any of these Word or PDF documents. Double-check that the numbers are right before submitting your profit and loss statement to an official institution. Good luck!