Amazing Comparative Income Statement Template
What is a comparative income statement.
Comparative income statement template. It helps you identify financial trends and measure performance over time. A comparative income statement is a formal and organized way to quickly calculate and visualize a companys change between years and plan for the future. Or you can compare your income statement to other companies.
Download this Comparative Income Statement Template now. This FREE Budget Comparative Income Statement Template features a column for the current month the current months budget and the variance between the two. The template calculates Net Sales Gross Profit and Net Income.
Accurately keeping track of financial data is not only critical for running the day-to-day operations of your small or medium-sized business but it is also important when seeking funds from investors or lenders to grow your business. Or if you performed better in the last quarter it can serve as an evaluation. The annual income statement template shown below takes five years of historical or forecast data and displays them consecutively.
This provides for an easy year-over-year YOY YoY Year over Year YoY stands for Year over Year and is a type of financial analysis used for comparing time series data. Comparative Income Statement Templates. Whether you manage the finances at your work or at home adequate communication is essential and important.
This excel templates file size is 13 kb. This ms excel templates can be opened using microsoft office Excel 2003 or newer and you can get it in Other Reports excel category. As a result it becomes easier to track the progress of the company.
Budget Comparative Income Statement Template. A two-year comparative income statement shows revenue and expenses over the current and previous years how much revenue and expenses have increased or decreased and the percentage they have increased or decreased. A comparative income statement combines information from several income statements as columns in a single statement.