Build a complete income statement with per-line tax rates, COGS, EBIT, and net profit. Export a professional PDF and formatted Excel file. Used by small businesses, accountants, and CFOs. Free, browser-based, no data stored.
Add your revenue streams and expense categories across four sections. Each line supports an individual tax rate (e.g. VAT on sales, GST on services). The tool calculates Gross Profit → EBIT → EBT → Net Profit in real time. Export a branded PDF or full Excel workbook with all workings.
All income streams
Direct costs of producing goods/services
Recurring business running costs
Non-operating items: interest, gains, losses
A P&L (income statement) summarizes revenues, costs, and expenses over an accounting period to show net profit or loss. It is one of three core financial statements, alongside the Balance Sheet and Cash Flow Statement. Investors, banks, and tax authorities rely on it to assess business health.
Disclaimer: Accountdesq provides this Profit & Loss Statement Generator for informational and convenience purposes only. Output is not a substitute for professional accounting, legal, or tax advice. No data entered is transmitted to or stored on our servers — all calculations happen locally in your browser. Accountdesq accepts no liability for errors in generated documents. Always consult a qualified accountant or tax professional for compliance matters.