A revenue and loss assertion, also called an bill assertion, is one among three essential monetary statements that any enterprise should ship commonly. It gives a transparent image of all of your income, bills, and prices over a sure time frame. Not solely is a revenue and loss assertion important for having a transparent understanding of what you are promoting’s monetary place, however it could additionally safe monetary investments or calculate your taxes. Turning all of your monetary knowledge right into a complete bill assertion is usually a lengthy and sophisticated course of, certainly. For those who rent an exterior accountant to do it for you, it may be a pricey course of. Nevertheless, when you select to do it in-house, you threat creating quite a lot of errors by manually copying and pasting your knowledge. What if there’s a method which you can rapidly and simply create your individual revenue and loss assertion inside what you are promoting with out the chance of any monetary errors? Introducing the Sheetgo revenue and loss assertion template.
Most companies hold all of their monetary info on Google Sheets. Google Sheets is a superb cloud-based spreadsheet software good for the sort of knowledge administration. Not solely is it extraordinarily accessible, however it additionally gives nice collaboration capabilities in order that numerous members of your crew can simply enter the most recent monetary knowledge. The Sheetgo revenue and loss assertion template makes use of your Google Sheets for these precise causes; in an effort to get probably the most out of your monetary administration processes.