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An income statement template is a unique document for every business and use as a key element to know about the financial position of a company or business it is an accounting tool which describes about the revenues and expenses through both operating and non operating activities. Income statement templates are print ready tools that companies can use to record present and analyze the operation of the businesses for a given period usually one financial year the income statement is generally a record of income received and expenses incurred over that period. An income statement template excel xls helps to create a document that is usually creates in ms excel template it contains the details about all the expenses incurred and incomes generated by a company you can create the income statement in microsoft excel worksheet very easily you just have to make two sections in it one for enlisting expenses and the other for revenues earned. 2 monthly income statement template the monthly income statement template can be sued for any size company and allows for easy adjustment by adding and deleting line items by filling out the form at the top of this page you can download the excel file with monthly templates. Income statement excel template an income statement reports a companys income expenses and thus derives its profit generated for a specific period of time generally for a financial year the attached excel template of an income statement is to be used for understanding how to calculate net profit from gross sales reported by a company