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hello and welcome to so make a profit and loss statement template this tool mainly lets you see the financial information about the company youre running it shows the yearly profit and loss statement and also income and expense statement lets see how it works it is constructed by two parts these are the menu part which is the very first sheet which pops up on Excel when you open it and the database part which can be docHubed by the database button right on top so lets see how it works lets start with the database this is the part where you will add all the financial information you would like to see in the menu type in your revenue and cost of sales if you have more specific information elaborate them in the income and expense details to offer better results in the menu part these numbers in white cells are dummy variables before you input your data please only delete the white cells because the non-white cells are designed to show you the total information of the white cells once y