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 Income Statement Generator

Category Type
Sales Revenue Income
Service Revenue Income
Returns & Chargebacks Income
Interest Income Income
Other Income Income
Cost of Goods Sold Cost of Sales
Cost of Service Cost of Sales
Bank & Merchant Fees Expense
Business Meals Expense
Client Entertainment Expense
Computers or Equipment Expense
Gas & Auto Expense
Independent Contractor Expense
Insurance Payments Expense
Interest Paid Expense
Lawyers & Accountants Expense
Licenses or Fees Expense
Marketing or Advertising Expense
Miscellaneous Expenses Expense
Phone, Internet & Utilities Expense
Postage & Shipping Expense
Rent or Lease Expense
Software & Hosting Expense
Supplies Expense
Taxes Paid Expense
Travel & Transportation Expense
 Tired of doing your own books?
Income Statement Generator We’ll do a month of your bookkeepin
and provide you with a set of financia
statements for free.

What sort of transactions should I put in this Category? This is a reference tab.
Revenue transactions sourced from selling products
Revenue transactions sourced from selling services
Sales or Service refunds, returns, and chargebacks
Income earned from interest
Other sources of income
Product purchases for the purpose of resale
Transactions that are directly related to the generation of Service Revenue
Fees from Banks or Merchant Processors
Meals with clients
Entertainment with clients
Computer or other equipment purchases
Gas and vehicle maintenance expenses
Payments to people for services
For all business insurance payments
Interest paid on credit cards or loans
Payments for professional services
Local, State, or Federal business licenses or fees
Marketing and Advertising costs
Other business expenses
A place for common business utility expenses
Postage and shipping costs to customers
Rent or Lease payments
Software and Web Hosting payments
Other business supplies
Taxes paid by the business
Travelling and transportation costs
ng your own books?
th of your bookkeeping Start your free trial at bench.co
u with a set of financial
ments for free.

Date Description/Transa Amount
3/13/2018 Deposit
3/15/2018 Fiverr
3/15/2018 NY Patent Office
3/16/2018 Apple
3/20/2018 Fee
3/25/2018 Dividend
3/25/2018 Refund
3/25/2018 Deposit
3/26/2018 NY MTA
3/26/2018 Staples
3/28/2018 Fed Ex
3/30/2018 NY Patent Office
3/31/2018 Meal with client
3/31/2018 Deposition costs
3/31/2018 Liability insurance
1/1/2018 transaction
1/1/2018 transaction
1/1/2018 transaction
1/1/2018 transaction
1/1/2018 transaction
1/1/2018 transaction
1/1/2018 transaction
1/1/2018 transaction
1/1/2018 transaction
1/1/2018 transaction
1/1/2018 transaction
1/1/2018 transaction
1/1/2018 transaction
1/1/2018 transaction
1/1/2018 transaction
1/1/2018 transaction
1/1/2018 transaction
1/1/2018 transaction
1/1/2018 transaction
1/1/2018 transaction
1/1/2018 transaction
1/1/2018 transaction
1/1/2018 transaction
Income Statement Generat
Category
100.00 Service Revenue
25.00 Independent Contractor
35.00 Cost of Service
1,350.53 Computers or Equipment
5.00 Bank & Merchant Fees
3.15 Other Income
35.00 Returns & Chargebacks
600.00 Service Revenue
55.00 Travel & Transportation
25.00 Supplies
30.00 Postage & Shipping
55.00 Cost of Service
87.32 Business Meals
80.00 Cost of Service
120.00 Insurance Payments
10.00 Sales Revenue
10.00 Service Revenue
10.00 Returns & Chargebacks
10.00 Interest Income
10.00 Other Income
10.00 Cost of Goods Sold
10.00 Cost of Service
10.00 Bank & Merchant Fees
10.00 Business Meals
10.00 Client Entertainment
10.00 Computers or Equipment
10.00 Gas & Auto
10.00 Independent Contractor
10.00 Insurance Payments
10.00 Interest Paid
10.00 Lawyers & Accountants
10.00 Licenses or Fees
10.00 Marketing or Advertising
10.00 Miscellaneous Expenses
10.00 Phone, Internet & Utilities
10.00 Postage & Shipping
10.00 Rent or Lease
10.00 Software & Hosting
1/1/2018 transaction 10.00 Supplies
1/1/2018 transaction 10.00 Taxes Paid
1/1/2018 transaction 10.00 Travel & Transportation
2/1/2018 transaction 10.00 Sales Revenue
2/1/2018 transaction 10.00 Service Revenue
2/1/2018 transaction 10.00 Returns & Chargebacks
2/1/2018 transaction 10.00 Interest Income
2/1/2018 transaction 10.00 Other Income
2/1/2018 transaction 10.00 Cost of Goods Sold
2/1/2018 transaction 10.00 Cost of Service
2/1/2018 transaction 10.00 Bank & Merchant Fees
2/1/2018 transaction 10.00 Business Meals
2/1/2018 transaction 10.00 Client Entertainment
2/1/2018 transaction 10.00 Computers or Equipment
2/1/2018 transaction 10.00 Gas & Auto
2/1/2018 transaction 10.00 Independent Contractor
2/1/2018 transaction 10.00 Insurance Payments
2/1/2018 transaction 10.00 Interest Paid
2/1/2018 transaction 10.00 Lawyers & Accountants
2/1/2018 transaction 10.00 Licenses or Fees
2/1/2018 transaction 10.00 Marketing or Advertising
2/1/2018 transaction 10.00 Miscellaneous Expenses
2/1/2018 transaction 10.00 Phone, Internet & Utilities
2/1/2018 transaction 10.00 Postage & Shipping
2/1/2018 transaction 10.00 Rent or Lease
2/1/2018 transaction 10.00 Software & Hosting
2/1/2018 transaction 10.00 Supplies
2/1/2018 transaction 10.00 Taxes Paid
2/1/2018 transaction 10.00 Travel & Transportation
3/1/2018 transaction 10.00 Sales Revenue
3/1/2018 transaction 10.00 Service Revenue
3/1/2018 transaction 10.00 Returns & Chargebacks
3/1/2018 transaction 10.00 Interest Income
3/1/2018 transaction 10.00 Other Income
3/1/2018 transaction 10.00 Cost of Goods Sold
3/1/2018 transaction 10.00 Cost of Service
3/1/2018 transaction 10.00 Bank & Merchant Fees
3/1/2018 transaction 10.00 Business Meals
3/1/2018 transaction 10.00 Client Entertainment
3/1/2018 transaction 10.00 Computers or Equipment
3/1/2018 transaction 10.00 Gas & Auto
3/1/2018 transaction 10.00 Independent Contractor
3/1/2018 transaction 10.00 Insurance Payments
3/1/2018 transaction 10.00 Interest Paid
3/1/2018 transaction 10.00 Lawyers & Accountants
3/1/2018 transaction 10.00 Licenses or Fees
3/1/2018 transaction 10.00 Marketing or Advertising
3/1/2018 transaction 10.00 Miscellaneous Expenses
3/1/2018 transaction 10.00 Phone, Internet & Utilities
3/1/2018 transaction 10.00 Postage & Shipping
3/1/2018 transaction 10.00 Rent or Lease
3/1/2018 transaction 10.00 Software & Hosting
3/1/2018 transaction 10.00 Supplies
3/1/2018 transaction 10.00 Taxes Paid
3/1/2018 transaction 10.00 Travel & Transportation
4/1/2018 transaction 10.00 Sales Revenue
4/1/2018 transaction 10.00 Service Revenue
4/1/2018 transaction 10.00 Returns & Chargebacks
4/1/2018 transaction 10.00 Interest Income
4/1/2018 transaction 10.00 Other Income
4/1/2018 transaction 10.00 Cost of Goods Sold
4/1/2018 transaction 10.00 Cost of Service
4/1/2018 transaction 10.00 Bank & Merchant Fees
4/1/2018 transaction 10.00 Business Meals
4/1/2018 transaction 10.00 Client Entertainment
4/1/2018 transaction 10.00 Computers or Equipment
4/1/2018 transaction 10.00 Gas & Auto
4/1/2018 transaction 10.00 Independent Contractor
4/1/2018 transaction 10.00 Insurance Payments
4/1/2018 transaction 10.00 Interest Paid
4/1/2018 transaction 10.00 Lawyers & Accountants
4/1/2018 transaction 10.00 Licenses or Fees
4/1/2018 transaction 10.00 Marketing or Advertising
4/1/2018 transaction 10.00 Miscellaneous Expenses
4/1/2018 transaction 10.00 Phone, Internet & Utilities
4/1/2018 transaction 10.00 Postage & Shipping
4/1/2018 transaction 10.00 Rent or Lease
4/1/2018 transaction 10.00 Software & Hosting
4/1/2018 transaction 10.00 Supplies
4/1/2018 transaction 10.00 Taxes Paid
4/1/2018 transaction 10.00 Travel & Transportation
5/1/2018 transaction 10.00 Sales Revenue
5/1/2018 transaction 10.00 Service Revenue
5/1/2018 transaction 10.00 Returns & Chargebacks
5/1/2018 transaction 10.00 Interest Income
5/1/2018 transaction 10.00 Other Income
5/1/2018 transaction 10.00 Cost of Goods Sold
5/1/2018 transaction 10.00 Cost of Service
5/1/2018 transaction 10.00 Bank & Merchant Fees
5/1/2018 transaction 10.00 Business Meals
5/1/2018 transaction 10.00 Client Entertainment
5/1/2018 transaction 10.00 Computers or Equipment
5/1/2018 transaction 10.00 Gas & Auto
5/1/2018 transaction 10.00 Independent Contractor
5/1/2018 transaction 10.00 Insurance Payments
5/1/2018 transaction 10.00 Interest Paid
5/1/2018 transaction 10.00 Lawyers & Accountants
5/1/2018 transaction 10.00 Licenses or Fees
5/1/2018 transaction 10.00 Marketing or Advertising
5/1/2018 transaction 10.00 Miscellaneous Expenses
5/1/2018 transaction 10.00 Phone, Internet & Utilities
5/1/2018 transaction 10.00 Postage & Shipping
5/1/2018 transaction 10.00 Rent or Lease
5/1/2018 transaction 10.00 Software & Hosting
5/1/2018 transaction 10.00 Supplies
5/1/2018 transaction 10.00 Taxes Paid
5/1/2018 transaction 10.00 Travel & Transportation
6/1/2018 transaction 10.00 Sales Revenue
6/1/2018 transaction 10.00 Service Revenue
6/1/2018 transaction 10.00 Returns & Chargebacks
6/1/2018 transaction 10.00 Interest Income
6/1/2018 transaction 10.00 Other Income
6/1/2018 transaction 10.00 Cost of Goods Sold
6/1/2018 transaction 10.00 Cost of Service
6/1/2018 transaction 10.00 Bank & Merchant Fees
6/1/2018 transaction 10.00 Business Meals
6/1/2018 transaction 10.00 Client Entertainment
6/1/2018 transaction 10.00 Computers or Equipment
6/1/2018 transaction 10.00 Gas & Auto
6/1/2018 transaction 10.00 Independent Contractor
6/1/2018 transaction 10.00 Insurance Payments
6/1/2018 transaction 10.00 Interest Paid
6/1/2018 transaction 10.00 Lawyers & Accountants
6/1/2018 transaction 10.00 Licenses or Fees
6/1/2018 transaction 10.00 Marketing or Advertising
6/1/2018 transaction 10.00 Miscellaneous Expenses
6/1/2018 transaction 10.00 Phone, Internet & Utilities
6/1/2018 transaction 10.00 Postage & Shipping
6/1/2018 transaction 10.00 Rent or Lease
6/1/2018 transaction 10.00 Software & Hosting
6/1/2018 transaction 10.00 Supplies
6/1/2018 transaction 10.00 Taxes Paid
6/1/2018 transaction 10.00 Travel & Transportation
7/1/2018 transaction 10.00 Sales Revenue
7/1/2018 transaction 10.00 Service Revenue
7/1/2018 transaction 10.00 Returns & Chargebacks
7/1/2018 transaction 10.00 Interest Income
7/1/2018 transaction 10.00 Other Income
7/1/2018 transaction 10.00 Cost of Goods Sold
7/1/2018 transaction 10.00 Cost of Service
7/1/2018 transaction 10.00 Bank & Merchant Fees
7/1/2018 transaction 10.00 Business Meals
7/1/2018 transaction 10.00 Client Entertainment
7/1/2018 transaction 10.00 Computers or Equipment
7/1/2018 transaction 10.00 Gas & Auto
7/1/2018 transaction 10.00 Independent Contractor
7/1/2018 transaction 10.00 Insurance Payments
7/1/2018 transaction 10.00 Interest Paid
7/1/2018 transaction 10.00 Lawyers & Accountants
7/1/2018 transaction 10.00 Licenses or Fees
7/1/2018 transaction 10.00 Marketing or Advertising
7/1/2018 transaction 10.00 Miscellaneous Expenses
7/1/2018 transaction 10.00 Phone, Internet & Utilities
7/1/2018 transaction 10.00 Postage & Shipping
7/1/2018 transaction 10.00 Rent or Lease
7/1/2018 transaction 10.00 Software & Hosting
7/1/2018 transaction 10.00 Supplies
7/1/2018 transaction 10.00 Taxes Paid
7/1/2018 transaction 10.00 Travel & Transportation
8/1/2018 transaction 10.00 Sales Revenue
8/1/2018 transaction 10.00 Service Revenue
8/1/2018 transaction 10.00 Returns & Chargebacks
8/1/2018 transaction 10.00 Interest Income
8/1/2018 transaction 10.00 Other Income
8/1/2018 transaction 10.00 Cost of Goods Sold
8/1/2018 transaction 10.00 Cost of Service
8/1/2018 transaction 10.00 Bank & Merchant Fees
8/1/2018 transaction 10.00 Business Meals
8/1/2018 transaction 10.00 Client Entertainment
8/1/2018 transaction 10.00 Computers or Equipment
8/1/2018 transaction 10.00 Gas & Auto
8/1/2018 transaction 10.00 Independent Contractor
 8/1/2018 transaction 10.00 Insurance Payments
8/1/2018 transaction 10.00 Interest Paid
8/1/2018 transaction 10.00 Lawyers & Accountants
8/1/2018 transaction 10.00 Licenses or Fees
8/1/2018 transaction 10.00 Marketing or Advertising
8/1/2018 transaction 10.00 Miscellaneous Expenses
8/1/2018 transaction 10.00 Phone, Internet & Utilities
8/1/2018 transaction 10.00 Postage & Shipping
8/1/2018 transaction 10.00 Rent or Lease
8/1/2018 transaction 10.00 Software & Hosting
8/1/2018 transaction 10.00 Supplies
8/1/2018 transaction 10.00 Taxes Paid
8/1/2018 transaction 10.00 Travel & Transportation
9/1/2018 transaction 10.00 Sales Revenue
9/1/2018 transaction 10.00 Service Revenue
9/1/2018 transaction 10.00 Returns & Chargebacks
9/1/2018 transaction 10.00 Interest Income
9/1/2018 transaction 10.00 Other Income
9/1/2018 transaction 10.00 Cost of Goods Sold
9/1/2018 transaction 10.00 Cost of Service
9/1/2018 transaction 10.00 Bank & Merchant Fees
9/1/2018 transaction 10.00 Business Meals
9/1/2018 transaction 10.00 Client Entertainment
9/1/2018 transaction 10.00 Computers or Equipment
9/1/2018 transaction 10.00 Gas & Auto
9/1/2018 transaction 10.00 Independent Contractor
9/1/2018 transaction 10.00 Insurance Payments
9/1/2018 transaction 10.00 Interest Paid
9/1/2018 transaction 10.00 Lawyers & Accountants
9/1/2018 transaction 10.00 Licenses or Fees
9/1/2018 transaction 10.00 Marketing or Advertising
9/1/2018 transaction 10.00 Miscellaneous Expenses
9/1/2018 transaction 10.00 Phone, Internet & Utilities
9/1/2018 transaction 10.00 Postage & Shipping
9/1/2018 transaction 10.00 Rent or Lease
9/1/2018 transaction 10.00 Software & Hosting
9/1/2018 transaction 10.00 Supplies
9/1/2018 transaction 10.00 Taxes Paid
9/1/2018 transaction 10.00 Travel & Transportation
10/1/2018 transaction 10.00 Sales Revenue
10/1/2018 transaction 10.00 Service Revenue
10/1/2018 transaction 10.00 Returns & Chargebacks
10/1/2018 transaction 10.00 Interest Income
10/1/2018 transaction 10.00 Other Income
10/1/2018 transaction 10.00 Cost of Goods Sold
10/1/2018 transaction 10.00 Cost of Service
10/1/2018 transaction 10.00 Bank & Merchant Fees
10/1/2018 transaction 10.00 Business Meals
10/1/2018 transaction 10.00 Client Entertainment
10/1/2018 transaction 10.00 Computers or Equipment
10/1/2018 transaction 10.00 Gas & Auto
10/1/2018 transaction 10.00 Independent Contractor
10/1/2018 transaction 10.00 Insurance Payments
10/1/2018 transaction 10.00 Interest Paid
10/1/2018 transaction 10.00 Lawyers & Accountants
10/1/2018 transaction 10.00 Licenses or Fees
10/1/2018 transaction 10.00 Marketing or Advertising
10/1/2018 transaction 10.00 Miscellaneous Expenses
10/1/2018 transaction 10.00 Phone, Internet & Utilities
10/1/2018 transaction 10.00 Postage & Shipping
10/1/2018 transaction 10.00 Rent or Lease
10/1/2018 transaction 10.00 Software & Hosting
10/1/2018 transaction 10.00 Supplies
10/1/2018 transaction 10.00 Taxes Paid
10/1/2018 transaction 10.00 Travel & Transportation
11/1/2018 transaction 10.00 Sales Revenue
11/1/2018 transaction 10.00 Service Revenue
11/1/2018 transaction 10.00 Returns & Chargebacks
11/1/2018 transaction 10.00 Interest Income
11/1/2018 transaction 10.00 Other Income
11/1/2018 transaction 10.00 Cost of Goods Sold
11/1/2018 transaction 10.00 Cost of Service
11/1/2018 transaction 10.00 Bank & Merchant Fees
11/1/2018 transaction 10.00 Business Meals
11/1/2018 transaction 10.00 Client Entertainment
11/1/2018 transaction 10.00 Computers or Equipment
11/1/2018 transaction 10.00 Gas & Auto
11/1/2018 transaction 10.00 Independent Contractor
11/1/2018 transaction 10.00 Insurance Payments
11/1/2018 transaction 10.00 Interest Paid
11/1/2018 transaction 10.00 Lawyers & Accountants
11/1/2018 transaction 10.00 Licenses or Fees
11/1/2018 transaction 10.00 Marketing or Advertising
11/1/2018 transaction 10.00 Miscellaneous Expenses
11/1/2018 transaction 10.00 Phone, Internet & Utilities
11/1/2018 transaction 10.00 Postage & Shipping
11/1/2018 transaction 10.00 Rent or Lease
11/1/2018 transaction 10.00 Software & Hosting
11/1/2018 transaction 10.00 Supplies
11/1/2018 transaction 10.00 Taxes Paid
11/1/2018 transaction 10.00 Travel & Transportation
12/1/2018 transaction 10.00 Sales Revenue
12/1/2018 transaction 10.00 Service Revenue
12/1/2018 transaction 10.00 Returns & Chargebacks
12/1/2018 transaction 10.00 Interest Income
12/1/2018 transaction 10.00 Other Income
12/1/2018 transaction 10.00 Cost of Goods Sold
12/1/2018 transaction 10.00 Cost of Service
12/1/2018 transaction 10.00 Bank & Merchant Fees
12/1/2018 transaction 10.00 Business Meals
12/1/2018 transaction 10.00 Client Entertainment
12/1/2018 transaction 10.00 Computers or Equipment
12/1/2018 transaction 10.00 Gas & Auto
12/1/2018 transaction 10.00 Independent Contractor
12/1/2018 transaction 10.00 Insurance Payments
12/1/2018 transaction 10.00 Interest Paid
12/1/2018 transaction 10.00 Lawyers & Accountants
12/1/2018 transaction 10.00 Licenses or Fees
12/1/2018 transaction 10.00 Marketing or Advertising
12/1/2018 transaction 10.00 Miscellaneous Expenses
12/1/2018 transaction 10.00 Phone, Internet & Utilities
12/1/2018 transaction 10.00 Postage & Shipping
12/1/2018 transaction 10.00 Rent or Lease
12/1/2018 transaction 10.00 Software & Hosting
12/1/2018 transaction 10.00 Supplies
12/1/2018 transaction 10.00 Taxes Paid
12/1/2018 transaction 10.00 Travel & Transportation
End
 Tired of doing your own books?
We’ll do a month of your bookkeeping
and provide you with a set of financial Start your free trial at bench.co
statements for free.

How to use this tab

• Enter transactions one under the other
• Each transaction needs to have a date (MM/DD/YY), description, amount (
• Select the most appropriate category using the "Chart of Accounts" tab
• Transactions don't need to be in any particular order, the income stateme
 /DD/YY), description, amount (always positive)
the "Chart of Accounts" tab
ular order, the income statement is generated from the "Date" field
 Income Statement Generat
Income Statement

Date Range
Beginning Date 3/1/2018
Ending Date 3/31/2018

Revenues
Sales Revenue 10.00
Service Revenue 710.00
Returns & Chargebacks (45.00)
Interest Income 10.00
Other Income 13.15
Total Revenue 698.15

Cost of Sales
Cost of Goods Sold 10.00
Cost of Service 180.00
Cost of Sales 190.00

Gross Profit 508.15

Expenses
Bank & Merchant Fees 15.00
Business Meals 97.32
Client Entertainment 10.00
Computers or Equipment 1,360.53
Gas & Auto 10.00
Independent Contractor 35.00
Insurance Payments 130.00
Interest Paid 10.00
Lawyers & Accountants 10.00
Licenses or Fees 10.00
Marketing or Advertising 10.00
Miscellaneous Expenses 10.00
Phone, Internet & Utilities 10.00
Postage & Shipping 40.00
Rent or Lease 10.00
Software & Hosting 10.00
 Supplies 35.00
Taxes Paid 10.00
Travel & Transportation 65.00
Total Expenses 1,887.85

Net Profit (1,379.70)

 Tired of doing your own books?
We’ll do a month of your bookkeeping and
Start your free trial at bench.co
provide you with a set of financial statements
for free.

How to use this tab

• Enter beginning and ending dates (MM/DD/YY) to generate a new In
/YY) to generate a new Income Statement
 # Category
Cash in Banks
Employee Loans & Receivables
Clients
Inventory
Other receivables (Projects)
LCs
Bank Guarantees
Fixed Assets
Suppliers
BS Total Depreciation
Allocations
Short term Loans
VAT Balance
Capital
Partners Current Account
Profits & Losses
Statutory Reserve
Accrued Expenses
% VAT for Sales
Furniture Supply Revenues
Fitout Revenues
Kitchen Revenues
Furniture Supply Expenses
Fitout Expenses
Kitchen Expenses
I/S
Employees Expenses
Office Expenses
Vehicles Expenses
General Expenses
Depreciation Expenses
Inventory Expenses