5.1 Profit & Loss Accounting

5.1.2 Income statement

Plan income

Plan expenditure

B. Expenditure - Expenses	Month Jan. 1	Month Feb. 2	Month X 3…	Sum 1st year	Sum 2nd year	Sum 3rd year
Cost of sales	€	€	€	€	€	€
+ Raw materials, consumables and supplies fabrics
+ Goods
+ External services
+ discounts/bonuses received
= Total cost of sales
+ Personnel expenses for third parties
+ Wages, salaries,
+ external wages
+ Social security contributions
+ Employer's Liability Insurance Association
+ voluntary social Expenses
= Sum Personnel expenses
+ other operating Expenses
+ Rental expenses, rooms
+ Gas/electricity/water/heating
+ Cleaning of operational Rooms
+ Maintenance of operational Rooms
+ Disposal
+ Insurances
+ Contributions. Fees
+ Maintenance machines, Factory equipment

+ Motor vehicle insurance, motor vehicle Repair, operating costs	Month Jan. 1	Month Feb. 2	Month X 3…	Sum 1st year	Sum 2nd year	Sum 3rd year
+ advertising costs
+ travel expenses
+ Entertainment costs
+ postage, telephone/internet
+ Legal advice, Tax consultancy
+ commissions
+ Technical literature
+ leasing costs
+ Office supplies
+ Warranties
+ Other costs
+ Interest expenses, Incidental costs of the Money transactions
+ taxes
= Sum Other operational Expenses
+ extraordinary Expenses
- Entrepreneurial wage / private withdrawal
= Sum Plan income - Plan expenditure
= Monthly surplus / -loss Net profit for the year / -loss