Profit & Loss Tracker: Weekly, Monthly, Annual   1-page Word document
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Profit & Loss Tracker: Weekly, Monthly, Annual (1-page Word document) Preview Image
Profit & Loss Tracker: Weekly, Monthly, Annual (1-page Word document) Preview Image
Profit & Loss Tracker: Weekly, Monthly, Annual (1-page Word document) Preview Image
Profit & Loss Tracker: Weekly, Monthly, Annual (1-page Word document) Preview Image
Profit & Loss Tracker: Weekly, Monthly, Annual (1-page Word document) Preview Image
Profit & Loss Tracker: Weekly, Monthly, Annual (1-page Word document) Preview Image
Profit & Loss Tracker: Weekly, Monthly, Annual (1-page Word document) Preview Image
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Profit & Loss Tracker: Weekly, Monthly, Annual (1-page Word document) Preview Image
Profit & Loss Tracker: Weekly, Monthly, Annual (1-page Word document) Preview Image
Profit & Loss Tracker: Weekly, Monthly, Annual (1-page Word document) Preview Image
Profit & Loss Tracker: Weekly, Monthly, Annual (1-page Word document) Preview Image
Profit & Loss Tracker: Weekly, Monthly, Annual (1-page Word document) Preview Image
Profit & Loss Tracker: Weekly, Monthly, Annual (1-page Word document) Preview Image
Profit & Loss Tracker: Weekly, Monthly, Annual (1-page Word document) Preview Image
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Profit & Loss Tracker: Weekly, Monthly, Annual (Word DOCX)

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#2 in Profit and Loss $45.00
This Accounting tool was crafted by an Accountant and Financial Modeler with over 10+ years of global experience. He has served 750+ clients, from small family offices to billion-dollar corporations, across a multitude of industries.
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PROFIT AND LOSS WORD DESCRIPTION

This product (Profit & Loss Tracker: Weekly, Monthly, Annual) is a 1-page Word document, which you can download immediately upon purchase.

Yes, using Google Sheets to track your profit and loss can be a good idea. Google Sheets is a free and easy-to-use tool that allows you to create and manage spreadsheets online. It can be a useful way to track your income, expenses, and overall profit and loss.

Additionally, Google Sheets allows you to share your spreadsheets with others, which can be helpful if you want to collaborate with others on your financial planning. You can also use it to create graphs and charts to visualize your financial data and make it easier to understand. Overall, using Google Sheets to track your profit and loss can be a convenient and effective way to manage your finances.

This is a way to automate your business transactions to flow into a standard profit / loss format. The data entry is

•  Date
•  Transaction Description (based on a dropdown menu that sources from your definitions for revenue and expense items)
•  Amount

All values are positive inherently, so if you enter a negative expense value, it would lower expenses.

An additional 5 items are there for 'other' cash in and out items so an actual cash flow per period can be displayed.

The reporting format shows a profit / loss statement on a weekly, monthly, and annual basis. The weekly and monthly reports show up to 2 years at a time and the annual shows up to 5 years at once.

There are visualizations for all time frames as well.

USE: Define line item names in the ‘weekly' tab, the start year on the ‘control' tab, and start entering transactions on the ‘data' tab. Note: This is a Google Sheet template. The file link is in the download document. A free Gmail account is required to use.

Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Best Practices in Profit and Loss Word: Profit & Loss Tracker: Weekly, Monthly, Annual Word (DOCX) Document, Jason Varner | SmartHelping


$45.00
This Accounting tool was crafted by an Accountant and Financial Modeler with over 10+ years of global experience. He has served 750+ clients, from small family offices to billion-dollar corporations, across a multitude of industries.
Add to Cart
  

ABOUT THE AUTHOR

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Additional documents from author: 188
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I graduated in 2011 with a Bachelor's degree in Accounting and began my career as a financial analyst at a small chain of auto repair shops. After gaining valuable experience, I launched my own practice specializing in real estate underwriting, later expanding into general business modeling.

I honed my spreadsheet modeling expertise by completing over 400 projects on Upwork with a 100% success ... [read more]

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