Profit and Loss Statement

Purpose: This document outlines the income and expenses over a specific time period in order to determine the net profit or loss of a business.

Business Information

• Business Name: {businessName}
• Reporting Period: {reportingPeriod}
• Prepared By: {preparedBy}
• Date: {date}

Income

Total Income: {$ incomeTotal = incomeItems | sum:'amount'}

Expenses

Total Expenses: {$ expenseTotal = expenseItems | sum:'amount'}

Net Profit / Loss

Net Result: {$ netResult = incomeTotal - expenseTotal}

{#$ netResult > 0 }This indicates a profit for the reporting period.{/}

{#$ netResult <= 0 }This indicates a loss for the reporting period.{/}

Notes

{notes}