Download the free income statement template
Fill in the form to get an income statement template as an editable PDF. We’ll throw in a guide to help you use it.
Using this income template
This income statement template comes with a how-to guide that includes an example of how to fill one out. In short, you’ll add in your revenue then subtract your expenses to find out your profit (or loss).
What an income statement will tell you
An income statement will show how much money a business is making. It can also help you calculate profit margins, which show how good the business is at converting revenue into profits.
Get help with your income statement
Income statements can be tricky. Missing off a cost or miscalculating income can really throw out your results. It’s a good idea to connect with an accountant or bookkeeper when filling out a template like this. You can find one in our directory.
Xero does not provide accounting, tax, business or legal advice. This guide has been provided for information purposes only. You should consult your own professional advisors for advice directly relating to your business or before taking action in relation to any of the provided content.
Make income statements better
Software can crank out income statements painlessly. Get Xero to capture your financial data and it’ll create a report whenever you want.
- Create up-to-date reports at the press of a button
- Format them the way you like
- Share them online with your accountant, bookkeeper, and business partners