How to create a Company Income Statement in Excel?
Understanding the financial statements of a firm is critical since it is often the only source of information with which we must make investment decisions; i.e. whether or not to loan the company money or invest some equity. There is a rationale behind the construction of the financial statements that helps us to interpret the information that is contained within them. We provide this Company Income Statement Excel template to help professionalize the way you are working. Our business and legal templates are regularly screened and used by professionals. If time or quality is of the essence, this ready-made template can help you to save time and to focus on the topics that really matter!
Income Statement External Reporting includes the following:
- Revenues
- Cost of Goods Sold Manufacturing
- Gross Profit
- Salaries
- Advertising
- Rent
- Selling & Administrative
- Depreciation
- Utilities
- Operating Income
- Interest Expense
- Finance
- Taxable Income
- Taxes
- Government (Tax accounting)
- Net Income
- The income statement is broken down by functional area.
- This allows us to more accurately determine where our strengths or weaknesses lie.
An easy way to start completing your statement is to download this example Company Income Statement Excel template now! Using this Company Income Statement Excel template guarantees you will save time, cost, and effort!
Download this Company Income Statement Excel template now for your own benefit, completing financial accounting reports was never easier!