Excel Pro Forma Income Statement Template

Your budget may be based on what your pro forma statements say after all it makes sense to make plans based on your predictions.

Excel pro forma income statement template. Step 1 the basic program usually used to create a pro forma income statement is microsoft excel. According to your pro forma annual income statement it will be 44 000 next year. Download template financial projections use existing or estimated financial data to forecast your business s future income and expenses. When it comes to corporate money management and accounting an income statement is considered one of the three most commonly used documents.

The beauty of using an excel template for a profoma income projection is that the data is completely interchangeable and easy to manipulate. For more templates check out our collection of proforma balance sheet templates. Well these formats use one subtraction for net income. Full year pro forma projection.

In the blank templates regions are specified where you have to list the amounts involved in various transactions. Some templates provide you with blank spaces to fill specific values while others are a set of guidelines. Think of it this way. Replace the numbers provided on the template for your individual revenue cost of sales and operating expenses.

This is a projection of an organization s year to date results to which expected outcomes for the rest of the year are included to arrive at a set of full year pro forma financial statements. The word format is applicable of all versions like excel and adobe reader. It can be configured to show total revenue expenses such as taxes and gross and net profit. The use of a pro forma excel balance template is dependent on the type of template you are using.

Add the effective date of the statement under the title. Income statement templates are print ready tools that companies can use to record present and analyze the operation of the businesses for a given period usually one financial year. Your income this year is 37 000. Configure your total profit and total expenses.

Under it list the name of the organization. The income statement is generally a record of income received and expenses incurred over that period. Open excel add the title pro forma income statement at the top of the page. How to use the proforma income statement template.

Examples of pro forma statements. Income statement template 23 free word excel pdf format download for the income statement of loss and profit statement the single step statement is commonly used. 7 excel income statement templates.