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Click ‘Get Form’ to open the profit and loss statement in the editor.
Begin by entering your personal details, including your name, date of birth, and Centrelink Reference Number in the designated fields.
Provide information about your business, such as its name and type. Indicate whether you are self-employed or in a partnership.
Fill out the income section by detailing your gross business income for the specified period.
Complete the expenses sections: Non-variable expenses should include costs like accountancy fees and insurance premiums. Variable expenses should reflect costs related to goods sold and operational expenses.
Calculate total expenses and net income by following the prompts on the form. Ensure all calculations are accurate before proceeding.
Review all entries for completeness, sign, and date the form before submission.
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