Profit and Loss Statement Template, 12 Month P&L Spreadsheet for Excel and Google Sheets, Small

See exactly how much your business really makes — every month and for the year. This Profit and Loss Statement (P&L / income statement) is built for small businesses, freelancers, online sellers and side hustles.

WHAT'S INSIDE

• 12-month P&L: revenue lines, cost of goods sold, gross profit, gross margin %, 11 operating expense lines, net profit and net margin % — for every month plus a YEAR total

• Rename any line to fit your business

• Dashboard: total revenue, gross profit, operating expenses, net profit, net margin and your best month, with a revenue vs net profit chart

• Negative months are highlighted in red

• Start Here tab with simple instructions

Perfect for tax time, loan applications or simply knowing your numbers.

Not accounting or tax advice — share it with your accountant.

YOU WILL RECEIVE

1 instant download: profit_loss_statement.xlsx (works in Microsoft Excel and Google Sheets).

NOTES

• Digital product — nothing will be shipped.

• Any currency works.

• Questions? Message us anytime.

Created with the help of AI tools and reviewed by our team.