Profit and Loss Statement
|
PROFIT AND LOSS STATEMENT |
|||
| FINANCIAL YEAR | |||
| TAXPAYER’S NAME | |||
| TFN | ABN | ||
|
MAIN BUSINESS SCHEDULE |
|||
| BUSINESS NAME | |||
| BUSINESS ACTIVITY | |||
| PLACE OF BUSINESS | |||
| Commenced business during the year | Ceased business during the year | ||
| GST REGISTERED | YES or NO | PRIMARY PRODUCTION | YES or NO |
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| INCOME | $ |
| Sales Cash and Credit | |
| plus Cost of goods taken from stock | |
| Gross Sales (i) | |
| less Cost of goods sold | |
| Opening stock | |
| plus Purchases | |
| less Closing Stock | |
| Cost of Goods Sold ( ii ) | |
| Trading Income ( i ) - ( ii ) | |
| EXPENSES | $ |
| ACCOUNTING | |
| ADVERTISING | |
| BAD DEBTS | |
| BANK FEES | |
| BORROWING EXPENSES | |
| CLEANING | |
| COMMISSION | |
| DEPRECIATION | |
| DONATIONS | |
| ELECTRICITY/GAS | |
| EXTERNAL LABOUR | |
| FREIGHT | |
| FUEL AND OIL | |
| GOVERNMENT CHARGES | |
| HIRE OF PLANT AND EQUIPMENT | |
| HOME OFFICE | |
| INSURANCE | |
| INTEREST | |
| INTEREST OVERSEAS O/S | |
| LAND DEGRADATION | |
| LEASE EXPENSES | |
| LEGAL FEES | |
| MATERIALS | |
| MOTOR EXPENSES | |
| POSTAGE | |
| PRINTING AND STATIONERY | |
| PROTECTIVE CLOTHING | |
| RATES AND TAXES | |
| RENT EXPENSES | |
| REPAIRS | |
| REPLACEMENTS | |
| ROYALTIES (AUS AND O/S) | |
| SUBSCRIPTIONS | |
| SUBCONTRACTORS | |
| SUNDRY | |
| SUPERANNUATION ON BEHALF OF EMPLOYEES | |
| TELEPHONE | |
| TRAVEL AND ACCOMMODATION | |
| WAGES - OTHER | |
| INVESTMENT ALLOWANCE | |
| TOTAL EXPENSES | |
| TOTAL BUSINESS INCOME (LOSS) | |
| LESS/ADD DEFERRED NC BUSINESS LOSS | |
| NET INCOME/LOSS FROM BUSINESS | |
DISCLAIMER
- This Guide is just that, a guide. It should not be relied upon only and you should always seek the advice of your Tax Agent.