Profit and Loss for Freelancers
Freelancer: [YOUR NAME]
Email: [YOUR EMAIL]
Period: January 1, 2050 - December 31, 2050
Income
Source of Income | Amount ($) |
|---|
Web Design Project | 10,000 |
Freelance Writing | 5,500 |
Consultation Fees | 2,000 |
Digital Products Sales | 1,500 |
Online Course Revenue | 3,000 |
Total Income | 22,000 |
Expenses
Expense Category | Amount ($) |
|---|
Software Subscriptions | 500 |
Marketing & Advertising | 1,200 |
Office Supplies | 300 |
Travel & Meetings | 400 |
Professional Fees | 600 |
Total Expenses | 3,000 |
Net Profit
Description | Amount ($) |
|---|
Total Income | 22,000 |
Total Expenses | 3,000 |
Net Profit | 19,000 |
Important Notes:
Net Profit represents the income left after subtracting total expenses.
The P&L statement helps in understanding the freelancer’s financial position for the year 2050.
Ensure accuracy for tax filing or loan applications.
As a freelancer, having an up-to-date Profit and Loss statement is essential to maintain financial clarity. For accurate records, ensure that all income and expenses are recorded regularly.
Statement Templates @ Template.net
