Profit & Loss Statement Generator

What is a Profit & Loss Statement?

A Profit & Loss (P&L) Statement is a financial document summarizing your business’s revenues, costs, and expenses over a specific period. It highlights profitability by calculating key metrics like gross profit, net profit, and operating margins.

Tool Features Explained:

This tool is designed to help you create a professional and detailed P&L statement with ease:

1. Revenue Section:

   • Sales Revenue: Total income generated from product or service sales.
   • Service Revenue: Income derived from services provided.
   • Net Revenue: Automatically calculated by summing sales and service revenue.

2. Cost of Goods Sold (COGS):

   • Inventory Purchases: Costs for acquiring stock or materials.
   • Server and Hosting Costs: Applicable for businesses with online services.
   • Net COGS: Automatically computed as the total cost of goods sold.

3. Operating Expenses:

   • Rent: Costs for office or operational space.
   • Selling, General & Administrative Expenses: Overheads like marketing and salaries.
   • Research and Development: Expenses for innovation and product improvement.
   • Net Operating Expenses: Automatically summed for clarity.

4. Other Income and Expenses:

   • Rental, Interest, Royalty Income: Extra earnings beyond core business operations.
   • FX Loss: Foreign exchange-related losses, if applicable.
   • Depreciation and Interest Expenses: Accounting for asset value reduction and loans.

5. Profit Metrics:

   • Gross Profit: Net Revenue minus COGS.
   • Gross Profit Margin (%): Gross Profit as a percentage of Net Revenue.
   • Net Profit: Final profitability after all expenses.
   • Net Profit Margin (%): Net Profit as a percentage of Net Revenue.

This tool simplifies the process, ensuring accurate calculations and professional presentation, whether you need it for internal use, financial reporting, or stakeholders.