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    Vertex42
    https://www.vertex42.com › ExcelTemplates › income-statement.html

    Income Statement Template for Excel - Vertex42

    • Download a free income statement template for Excel and learn how to format it for your business. Choose between single-step or multi-step income statement with examples and explanations.… See more

    Revenues

    The income that is generated by providing a service, selling a product, earning interest on investments, renting extra office space, licensing technologies, selling advertising space, or li… See more

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    Cost of Goods Sold

    For a retail company, one of the main expenses is the cost of goods sold. So, you'll see Cost of Goods Sold broken out into its own section, with Gross Profit calculated … See more

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    Operating Expenses

    This section is where you include all your operating expenses such as advertising, salaries, rent, utilities, insurance, legal fees, accounting fees, supplies, research and developme… See more

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    Operating Income

    In the multi-step income statement, the operating income is calculated as the Gross Profit minus the total Operating Expenses. In general, interest expense and income tax expense ar… See more

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    How do I fill out an income statement?
    These sections can be filled out on the computer, or after you print out a blank template. The Excel Income Statement Template is available for download on this page, and opens with any recent version of Microsoft Excel. After opening the file, you might want to save a blank template onto your computer as a reference.
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