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Create a balance sheet for your business in no time with our easy-to-use template. Or take a look at our financial and accounting reporting features if you need something more.

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income statement example

Keep on top of your income and expenses

An income statement is a simple way to summarize your business income and expenses during a specific time. It’s key to understanding and managing your business’s financial health.

Build your income statement

Add in your revenue, cost of sales, and expenses to the categories to get your net profit (or loss) before tax. Our how-to guide includes an example.

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Make better business decisions with financial reporting tools

Staying on top of your business’s financial health is really important. With Xero’s financial and accounting reports you can easily see (and share) how your business is performing in real time.

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Get reports any time

See up-to-date reports when you need them.

 

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Customize your reports

Decide what goes into each of your reports.

 

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Keep track of business

Share reports and metrics with your accountant or bookkeeper to get a full understanding of the numbers.