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hi friends welcome to the business finance coach Amanda here and in todays video Im going to show you how to prepare an income statement okay and if youre asking that question it tells me that youre not using accounting software because when youre using accounting software preparing an income statement Ill show you right here this is my favorite accounting software its called zero I highly recommend it and if you want to create an income statement in Xero all you do is a few clicks you click here you click all reports and then you click income statement and then you can look at different time periods you know just by selecting here now if you dont have yourself set up an accounting software you may need to create this and the business spreadsheet template I give away for free its accounting and taxes for self-employed and single owner LLCs this is a great tool the number one - one and one - to our income statements essentially broken out by month and this is a really good se
