{"product_id":"annual-profit-and-loss-statement-for-small-business-printable-worksheet","title":"Annual Profit and Loss Statement for Small Business - Printable Worksheet","description":"\u003cp\u003eRecord an entire year of small-business income and expenses by hand with this \u003cstrong\u003eAnnual Profit and Loss Statement for Small Business\u003c\/strong\u003e. The one-page printable worksheet provides monthly columns from January through December for organizing sales revenue, cost of goods sold, operating expenses, estimated tax amounts, gross profit, and net profit.\u003c\/p\u003e\n\u003cp\u003eThis handwritten version is designed for business owners who prefer paper records. All category labels, monthly amounts, and totals are written and calculated manually.\u003c\/p\u003e\n\u003ch3\u003eOne Full Year on One Page\u003c\/h3\u003e\n\u003cp\u003eThe landscape worksheet keeps all 12 months together so you can review the year without turning between separate monthly pages. Use the blank category rows to create revenue, cost, and expense labels that match your own business.\u003c\/p\u003e\n\u003cp\u003eBecause a complete year is condensed onto one US Letter-size page, the monthly writing boxes are compact. This form is best suited to small businesses with a manageable number of categories and shorter dollar amounts. Write neatly and use small handwriting for the clearest results.\u003c\/p\u003e\n\u003ch3\u003eSales Revenue\u003c\/h3\u003e\n\u003cp\u003eUse the first section to list the income categories relevant to your business. These may include online sales, in-person sales, service income, or other sources you choose to track.\u003c\/p\u003e\n\u003cp\u003eRecord the amount for each category by month, then add the entries in each monthly column to determine the \u003cstrong\u003eTotal Revenue\u003c\/strong\u003e.\u003c\/p\u003e\n\u003ch3\u003eCost of Goods Sold\u003c\/h3\u003e\n\u003cp\u003eUse the Cost of Goods Sold section for direct costs associated with the products sold, based on the categories used in your own records.\u003c\/p\u003e\n\u003cp\u003eAdd the applicable entries for each month to determine the \u003cstrong\u003eTotal Cost\u003c\/strong\u003e. Subtract Total Cost from Total Revenue to calculate the monthly \u003cstrong\u003eGross Profit\u003c\/strong\u003e.\u003c\/p\u003e\n\u003ch3\u003eOperating Expenses\u003c\/h3\u003e\n\u003cp\u003eThe Operating Expenses section provides blank rows for business costs such as advertising, fees, supplies, shipping, rent, utilities, subscriptions, professional services, or other expense categories applicable to your business.\u003c\/p\u003e\n\u003cp\u003eAdd the expense entries in each monthly column to determine the \u003cstrong\u003eTotal Expenses\u003c\/strong\u003e.\u003c\/p\u003e\n\u003ch3\u003eTaxes and Net Profit\u003c\/h3\u003e\n\u003cp\u003eThe Taxes section includes lines for federal, state, and local tax rates. These fields may be used when you choose to estimate and record tax amounts as part of your own manual calculations.\u003c\/p\u003e\n\u003cp\u003eYou may calculate net profit before estimated taxes by subtracting Total Expenses from Gross Profit:\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eGross Profit − Total Expenses = Net Profit Before Estimated Taxes\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eWhen recording estimated tax amounts, first subtract Total Expenses from Gross Profit. Multiply the remaining amount by each applicable tax rate to estimate the federal, state, or local tax amount you choose to record.\u003c\/p\u003e\n\u003cp\u003eThen subtract Total Expenses and the recorded estimated tax amounts from Gross Profit to determine the remaining net profit:\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e Gross Profit − Total Expenses − Estimated Tax Amounts = Net Profit \u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThese calculations are completed entirely by hand. The PDF does not perform calculations, verify formulas, determine applicable tax rates, or confirm whether the resulting figures are appropriate for accounting or tax purposes.\u003c\/p\u003e\n\u003ch3\u003eHelpful For\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003eSmall businesses with a limited number of income and expense categories\u003c\/li\u003e\n\u003cli\u003eSole proprietors and independent business owners\u003c\/li\u003e\n\u003cli\u003eOnline shops, makers, and small service businesses\u003c\/li\u003e\n\u003cli\u003eRecording monthly business figures by hand\u003c\/li\u003e\n\u003cli\u003eKeeping annual revenue and expenses on one page\u003c\/li\u003e\n\u003cli\u003eReviewing gross profit and net profit across the year\u003c\/li\u003e\n\u003cli\u003ePreparing organized figures for an accountant or tax professional\u003c\/li\u003e\n\u003cli\u003eBusiness owners who prefer paper records instead of editable PDFs\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003eHow to Use\u003c\/h3\u003e\n\u003col\u003e\n\u003cli\u003eWrite the business name and reporting year at the top.\u003c\/li\u003e\n\u003cli\u003eAdd your own labels to the blank revenue, cost, and expense rows.\u003c\/li\u003e\n\u003cli\u003eRecord the applicable amount for each category and month.\u003c\/li\u003e\n\u003cli\u003eAdd each month’s revenue entries to determine Total Revenue.\u003c\/li\u003e\n\u003cli\u003eAdd each month’s cost-of-goods-sold entries to determine Total Cost.\u003c\/li\u003e\n\u003cli\u003eSubtract Total Cost from Total Revenue to calculate Gross Profit.\u003c\/li\u003e\n\u003cli\u003eAdd each month’s operating expenses to determine Total Expenses.\u003c\/li\u003e\n\u003cli\u003eSubtract Total Expenses from Gross Profit to calculate net profit before estimated taxes.\u003c\/li\u003e\n\u003cli\u003eWhen desired, calculate and record estimated tax amounts using the tax rates applicable to your own situation.\u003c\/li\u003e\n\u003cli\u003eSubtract Total Expenses and recorded estimated tax amounts from Gross Profit to determine the remaining net profit.\u003c\/li\u003e\n\u003cli\u003eReview all handwritten entries and calculations for accuracy.\u003c\/li\u003e\n\u003c\/ol\u003e\n\u003ch3\u003eProduct Features\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003eOne-page annual profit and loss worksheet\u003c\/li\u003e\n\u003cli\u003eJanuary-through-December monthly columns\u003c\/li\u003e\n\u003cli\u003eBlank customizable revenue categories\u003c\/li\u003e\n\u003cli\u003eSales Revenue section with monthly totals\u003c\/li\u003e\n\u003cli\u003eCost of Goods Sold section\u003c\/li\u003e\n\u003cli\u003eMonthly Total Cost row\u003c\/li\u003e\n\u003cli\u003eGross Profit row\u003c\/li\u003e\n\u003cli\u003eBlank customizable Operating Expenses section\u003c\/li\u003e\n\u003cli\u003eMonthly Total Expenses row\u003c\/li\u003e\n\u003cli\u003eFederal, state, and local tax-rate lines\u003c\/li\u003e\n\u003cli\u003eMonthly Net Profit row\u003c\/li\u003e\n\u003cli\u003eDesigned for handwritten entries and manual calculations\u003c\/li\u003e\n\u003cli\u003eUndated format for use during any calendar year\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003eSpecifications\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003eOne printable PDF page\u003c\/li\u003e\n\u003cli\u003eUS Letter size: 8.5 x 11 inches\u003c\/li\u003e\n\u003cli\u003eLandscape orientation\u003c\/li\u003e\n\u003cli\u003eGray, pale blue, black, and white design\u003c\/li\u003e\n\u003cli\u003eCompact monthly boxes require small, neat handwriting\u003c\/li\u003e\n\u003cli\u003eBest suited to shorter category names and smaller written amounts\u003c\/li\u003e\n\u003cli\u003eNo editable fields or auto-calculating formulas\u003c\/li\u003e\n\u003cli\u003eAll labels, figures, and totals are completed manually\u003c\/li\u003e\n\u003cli\u003ePrint at home or through a local printing service\u003c\/li\u003e\n\u003cli\u003ePrint a fresh copy for each business year\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eBrowse additional printable pages for business income, expenses, recordkeeping, and administration in the \u003ca href=\"https:\/\/printableplanning.com\/collections\/small-business-sheets-and-forms\" title=\"Printable Small Business Sheets and Forms\"\u003eSmall Business Sheets and Forms collection\u003c\/a\u003e.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePlease note:\u003c\/strong\u003e This is a digital product. No physical item(s) will be shipped. Printer, paper, writing tools, calculator, business records, and display items are not included.\u003c\/p\u003e\n\u003cp\u003eThis printable is intended only for business organization, planning, and recordkeeping. It does not provide accounting, bookkeeping, tax, legal, financial, investment, payroll, compliance, or other professional advice. All figures, classifications, formulas, calculations, and tax rates must be selected, entered, and verified by the user.\u003c\/p\u003e\n\u003cp\u003eThis worksheet does not determine taxable income or tax liability, prepare or file tax returns, calculate official estimated-tax payments, or replace current government instructions, accounting software, or guidance from a qualified accountant, bookkeeper, tax professional, attorney, or financial professional.\u003c\/p\u003e","brand":"Artistically Invited","offers":[{"title":"Default Title","offer_id":54008557535550,"sku":"SBIZ00420","price":5.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1004\/0126\/files\/ProfitandLossStatement-1Year-PrintablePlanning.jpg?v=1785539094","url":"https:\/\/printableplanning.com\/products\/annual-profit-and-loss-statement-for-small-business-printable-worksheet","provider":"Printable Planning","version":"1.0","type":"link"}