Here’s a basic profit and loss statement template for small businesses that you can use:
[Company Name]
[Company Address]
[City, State ZIP Code]
[Company Phone Number]
[Company Email]
Profit and Loss Statement
For the Period Ending [Date]
Revenue:
- Sales: [Enter Total Sales Amount]
- Other Revenue: [Enter Total Other Revenue Amount]
- Total Revenue: [Calculate Total Revenue Amount]
Cost of Goods Sold:
- Beginning Inventory: [Enter Beginning Inventory Amount]
- Purchases: [Enter Total Purchases Amount]
- Freight-In: [Enter Total Freight-In Amount]
- Ending Inventory: [Enter Ending Inventory Amount]
- Cost of Goods Sold: [Calculate Cost of Goods Sold Amount]
Gross Profit: [Calculate Gross Profit Amount]
Expenses:
- Salary and Wages: [Enter Total Salary and Wages Amount]
- Rent: [Enter Total Rent Amount]
- Utilities: [Enter Total Utilities Amount]
- Insurance: [Enter Total Insurance Amount]
- Office Supplies: [Enter Total Office Supplies Amount]
- Advertising: [Enter Total Advertising Amount]
- Depreciation: [Enter Total Depreciation Amount]
- Other Expenses: [Enter Total Other Expenses Amount]
- Total Expenses: [Calculate Total Expenses Amount]
Net Profit: [Calculate Net Profit Amount]
I certify that the above information is correct and accurate. By signing below, I authorize [Company Name] to use this information for financial reporting purposes.
[Company Representative Signature]
[Date]