Instructions

Information on how to get started using this template.

How to use this

your business template. After you have entered your transactions, place the
transactions
1. transaction in theand
The "Dashboard" appropriate
"Profit & category.
Loss" sheets will automatically update based on
2. the transactions.
3. If you want to change any of the categories, you can change them on the "Categories" sheet.
row below it. All the categories, including the new one will now show up. Your new category will
4. now also be
To create visible on
a balance the "Transactions"
sheet, enter values in sheet.
the shaded boxes on the "Balance
5. Sheet".

Click here for more information about Xero and financial statements
Click here for a quick video about this template
he "Categories" sheet.
p. Your new category will
Transactions
Enter transactions below. Transactions that you spent money on and Cost of Goods Sold should be a negative
amount. Any money received should be a positive amount. After you have entered the Date, Description and
Amount, select the appropriate category for the transaction.

Category Date Description

Sales 1/3/2019 Consulting fees earned for project

Travel 1/26/2019 Hotel reservation for trip in April
Sales 2/3/2019 Fees earned for design project
Repairs 2/5/2019 Printer repair costs
Sales 3/12/2019 Progress fees earned for project
of Goods Sold should be a negative
ntered the Date, Description and

Amount

$800.00
-$250.00
$1,100.00
-$150.00
$1,200.00
Dashboard
Automatically updated based on data in the "Transactions" sheet.

Sales YTD

Total Profit (Loss) YTD

Data used for chart. Do not edit.

Month Sales
Jan 800
1400
Feb 1,100
1200 Mar 1,200
1000

800
Sales
600
Profit (Loss)
400

200
0
n b r
Ja Fe Ma

Month

Month Sales

Jan 800
Feb 1,100
Mar 1,200
Apr -
May -
Jun -
Jul -
Aug -
Sep -
Oct -
Nov -
Dec -

3 Highest Sales Months

Mar 1,200
Feb 1,100
Jan 800

3 Lowest Sales Months

Jan 800
Feb 1,100
Mar 1,200
-
3 Most Profitable Months

Mar 1,200
Feb 950
Jan 550

3 Least Profitable Months

Jan 550
Feb 950
Mar 1,200

Data used for chart. Do not edit.

Repairs 150.00
Travel 250.00

38%

63%

Repairs Travel
 63%

Repairs Travel

3 Highest Expenses YTD

Travel 250.00
Repairs 150.00
Advertising 0.00
 3,100.00

2,700.00

Profit (Loss)
550.00
950.00
1,200.00

Sales
Profit (Loss)

Profit (Loss)

550
950
1,200
-
-
-
-
-
-
 -
-
-

38%
 This sheet automatically summarizes revenues, costs, and expenses for

Profit & Loss "Transactions" sheet. Optionally, specify a growth rate percentage to crea
Select cell F4 to choose the first month of your financial year. The rest of

20YY January Jan Feb Mar Apr May

Income

Revenue
Sales 800 1,100 1,200 - -
Custom Sales 1 - - - - -
Custom Sales 2 - - - - -
Total sales 800 1,100 1,200 - -

Cost of sales
Cost of Goods Sold - - - - -
Custom COGS 1 - - - - -
Custom COGS 2 - - - - -
Total cost of sales - - - - -

Gross Margin 800 1,100 1,200 - -

Expenses

Advertising - - - - -
Office Supplies - - - - -
Car/Truck - - - - -
Insurance - - - - -
Rent-Car/Equipment - - - - -
Repairs - 150 - - -
Legal Expenses - - - - -
Contractors - - - - -
Travel 250 - - - -
Meals & Entertainment - - - - -
Utilities - - - - -
Rent - - - - -
Loan Expenses - - - - -
Taxes and Licenses - - - - -
Other Expenses - - - - -
Custom Expense 1 - - - - -
Custom Expense 2 - - - - -
Custom Expense 3 - - - - -
Total expenses 250 150 - - -

Total Profit (Loss) 550 950 1,200 - -

es, costs, and expenses for the provided year based on the transactions listed in the
owth rate percentage to create a projected Profit & Loss statement.
ur financial year. The rest of the dates will update.

Jun Jul Aug Sep Oct Nov Dec Total YTD Growth Rate

- - - - - - - 3,100 20%
- - - - - - - -
- - - - - - - -
- - - - - - - 3,100

- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -

- - - - - - - 3,100

- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - 150
- - - - - - - -
- - - - - - - -
- - - - - - - 250
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - 400

- - - - - - - 2,700
Projected

3,720
-
-
3,720

-
-
-
-

3,720

-
-
-
-
-
150
-
-
250
-
-
-
-
-
 -
-
400

3,320
Categories
Use this sheet to define expense, cost, and revenue categories. These
categories are used to populate other sheets in this spreadsheet.

Category Name Category Type

Advertising Expenses
Office Supplies Expenses
Car/Truck Expenses
Insurance Expenses
Rent-Car/Equipment Expenses
Repairs Expenses
Legal Expenses Expenses
Contractors Expenses
Travel Expenses
Meals & Entertainment Expenses
Utilities Expenses
Rent Expenses
Loan Expenses Expenses
Taxes and Licenses Expenses
Other Expenses Expenses
Custom Expense 1 Expenses
Custom Expense 2 Expenses
Custom Expense 3 Expenses
Cost of Goods Sold Cost of Goods Sold
Custom COGS 1 Cost of Goods Sold
Custom COGS 2 Cost of Goods Sold
Sales Revenue
Custom Sales 1 Revenue
Custom Sales 2 Revenue
 As of

Balance Sheet MM/DD/YYYY

This sheet lists assets and liabilities. Enter values in the shaded cells below.

Assets

Cash and Cash Equivalents

Checking Accounts
Saving Accounts
Total Cash 0

Current Assets
Accounts Receivable (net)
Inventory
Prepayments
Total Current Assets 0

Property, Plant and Equipment

Vehicles (net)
Furniture & Fixtures (net)
Equipment (net)
Buildings (net)
Land
Total Property, Plant and Equipment 0

Other Assets
Other Assets
Total Other Assets 0

Total assets 0

Liabilities and Owner's Equity

Current Liabilities
 Accounts payable
Notes payable
Other Current Liabilities
Total Current Liabilities 0

Non-Current Liabilities
Long-term Notes Payable
Loans
Other Non-Current Liabilities
Total Non-Current Liabilities 0

Total liabilities 0

Owners' equity
Capital Stock
Retained Earnings
Other

Total owners' equity 0

Total liabilities and equity 0

Balance check (should be Zero) 0