An income statement is typically prepared at the end of the year or the beginning of a new year when all financial information has been wrapped up and reported, but you can create one at any time ...

An income statement tracks income and expenses for a small business. Most small businesses use cash accounting systems, so Excel is a great program to track your income and expenses. The cash basis ...

Reviewed by David Kindness Fact checked by Vikki Velasquez Key Takeaways Profit margin conveys the relative profitability of ...

Later, we'll add an IF() function that returns a subtotal for each day. How to calculate conditional subtotals in an Excel revenue sheet Your email has been sent Adding a condition to a simple revenue ...