Cash Flow Issues and Record-Keeping
- Understanding Your Cash Flow
- Determining Your Family's Income Needs
- Emergency Funds
- Business Cash Flow
- Record-Keeping
- Common Expenses to Keep Track Of
- Prepare Daily, Monthly, and Annual Records
- Profit and Loss Statement
- How Long to Keep Business Records
- Finding Someone to Do Your Paperwork
- Budgeting for Your First-Year Costs
Profit and Loss Statement
As stated in the previous section, the Profit and Loss Statement below can be printed and used as a guide to preparing your own profitability analysis.
Revenue (Income)
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Sales/Service Income |
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Other Income |
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Total revenue |
Operating Expenses
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Depreciation Expense |
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Interest expense |
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Payroll |
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Rent/Mortgage |
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Utilities |
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Telephone and Internet |
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Maintenance & repairs |
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Insurance |
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Supplies |
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Advertising |
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Taxes |
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Other expenses
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|
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Total |
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Net Profit (or Loss) |
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Investment and insurance products and services are offered through Osaic Institutions, INC. Member FINRA/SIPC. Eaton Financial Services is a trade name of the bank. Osaic and the bank are not affiliated. Products and services made available through Osaic are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.
