Welcome back to this video in this video I'm going to show you how to create a P&L statement using Microsoft Excel all we need to do is open a new sheet on Microsoft Excel I'm going to row 2 and just go in from B to H I'm just going to merge and center those cells and I'm going to put in something like profit and loss and I'm writing with or type with one hand tense whites of it's slow profit and loss statement and then I'm going to make that bold and underline it and then I'm going to do - and then the business name so for this video I just put B PFS the name of my business you'd be it first limited something like that something nice and simple and I'm going to do the same below merge and center b2h and Row 3 and I'm going to put the date and this one so it's June it's the 16th of June today so let's do our management accounts for May for the previous month for the month of May so the 31st May 5 2023 or we could put May 2023 now at your profit and loss statements the the clue to what the statement is is in the title just like a lot of the statements in accounting it gives you a breakdown of your net profits your gross profit it or your net loss or gross loss for a certain period and as these are monthly management accounts it will be for the previous month I'm going to start let's say here B 7 I'm going to put sales make that bold and then somewhere along here let's put it in F let's put a pound sign and that's sent to...
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Profit And Loss Statement Template For Self Employed excel Form: What You Should Know
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