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Free Income Statement (P&L) Format

Track revenue, expenses and net profit over a period.

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Your Business
As on 31 Mar 2026
INCOME STATEMENT
Income
Revenue / Sales₹8,40,000
Other income₹20,000
Expenses & Net Profit
Cost of goods sold₹5,10,000
Operating expenses₹1,70,000
Net profit (c/d)₹1,80,000

What is a income statement?

An income statement (also called a profit & loss statement) summarises revenue, costs and expenses over a period to show whether a business made a profit or a loss.

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What to include

  • Business name & period
  • Revenue / sales
  • Cost of goods sold
  • Gross profit
  • Operating expenses
  • Net profit or loss

Create your income statement in 3 steps

1
Add details
Enter your business, customer and item details.
2
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See your document build itself instantly.
3
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Income Statement FAQs

What is an income statement?▾
It shows income, expenses and the resulting profit or loss over a period of time.
Income statement vs balance sheet?▾
An income statement covers a period (e.g. a month); a balance sheet shows a position on a single date.
Can AccVora show profit & loss?▾
Yes — the Reports section generates a live P&L from your sales, purchases and expenses.

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