Do Your Own Bookkeeping with an Excel Income Statement Template

You don’t need fancy accounting software to do your own bookkeeping. You just need a good Excel template (and some elbow grease).

Income Statement Template

Our expert bookkeepers here at Bench have built an Income Statement template in Excel that you can use to turn your business transactions into an Income Statement.

How to use the Income Statement template

  • Fill out the form, and we’ll email you the Excel template
  • On the first tab, called “Chart of Accounts”, enter all the categories of income, expenses, and cost of sale that you use in your business.
  • On the second tab, called “Transactions” is where you’ll enter your transaction details—date, description, amount, and category (matching with the categories in your Chart of Accounts tab).
  • The third tab is where your Income Statement will automatically display. Just select a date range for the Income Statement you’d like to see (for example, March 1 to March 28), and voila, you have your Income Statement.

Further reading: Understanding Income Statements vs. Balance Sheets

And if your business reaches the point where it doesn’t make sense to do your own bookkeeping, let us know. We’ll do your bookkeeping for you.

Do Your Own Bookkeeping with an Excel Income Statement Template

You don’t need fancy accounting software to do your own bookkeeping. You just need a good Excel template (and some elbow grease).

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