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Pro forma income statement 2026
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- Click ‘Get Form’ to open the pro forma income statement in the editor.
- Begin by entering your revenue details. Fill in 'Gross Sales', then subtract any 'Sales Returns and Allowances' to calculate 'Net Sales'.
- Next, move to the 'Cost of Sales' section. Input values for 'Beginning Inventory' and 'Goods Purchased/Manufactured'. Calculate 'Total Goods Available' and subtract 'Ending Inventory' to find 'Total Cost of Goods Sold'.
- Proceed to the 'Operating Expenses' section. Fill in all relevant expenses under both 'Selling Expenses' and 'General/Administrative Expenses'. Ensure you total these amounts accurately.
- Finally, calculate your 'Net Income Before Taxes', deduct taxes, and arrive at your final 'Net Income After Taxes'. Review all entries for accuracy before saving.
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pro forma income statement example
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