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10-01-2012, 02:27 PM | #1 |
Living In Paradise! Donating Member Join Date: Jul 2011 Location: Ewa Beach on the island of Oahu
Posts: 3,588
| Profit and Loss Statement Would anybody here be able to help me with a simple Profit and Loss Statement form for my child care? There are many online but they are so complicated and confusing! I just basically need a more for profit than loss. Thanks a bunch!
__________________ Aloha & Have a wonderful day! Roni~ Ahi Shibi Roxie Heart Alize & Prada |
Welcome Guest! | |
10-01-2012, 02:54 PM | #2 |
Between♥Suspensions Donating Member Join Date: Aug 2009 Location: Vaissades
Posts: 7,979
| You just need a basic form or you hace questions on what to include abd how to itemize it? Seriously though an accountant can seem expensive but a good one covers their costs at tax time and takes on all liability for any errors.
__________________ Shan & 8 kids now! |
10-01-2012, 03:55 PM | #3 |
Living In Paradise! Donating Member Join Date: Jul 2011 Location: Ewa Beach on the island of Oahu
Posts: 3,588
| I just need a basic form. To more or less show my profits. I am in the process of applying for a home loan and this is the only form that is slowing it down. I see tons online but they have too much sections that I don't need.
__________________ Aloha & Have a wonderful day! Roni~ Ahi Shibi Roxie Heart Alize & Prada |
10-01-2012, 04:37 PM | #4 |
♥Trained by my pups♥ Donating YT 500 Club Member | Can you copy one on line and modify it for your use. Copy and then delete the areas you don't need?
__________________ loving life with my furry friends |
10-01-2012, 04:45 PM | #5 |
Donating YT 500 Club Member Join Date: Mar 2010 Location: South Florida
Posts: 8,008
| how are you doing your book keeping? I use quicken for my dh and it will create a p/l form. I would think any accounting program would. Maybe it is worth getting one? Other wise I would think all you have to do is a header (company) list all your assets.. then your liabilities and the difference is profit / loss. You could use use tables on a word program or excel. Hope I have helped
__________________ Shinja mom to Remy lil Sis to Bailey and Sammy |
10-01-2012, 05:24 PM | #6 |
Donating YT 2000 Club Member Join Date: Jun 2011 Location: Mesquite, TX
Posts: 2,659
| Do you use an accounting software? We use quickbooks and it does reports for us. We also use a CPA, but the reports are nice to have at a moments notice.
__________________ "You've never learned to live until you've done something for someone for which they can never repay you."~Ralph Hall. |
10-01-2012, 05:39 PM | #7 |
Living In Paradise! Donating Member Join Date: Jul 2011 Location: Ewa Beach on the island of Oahu
Posts: 3,588
| My home based child care is really small. I never needed to use any other forms other than for filing my taxes. There is not much itemizing that I need to do. This is the first time I have need for a Profit & Loss Statement. I am currently doing as you all mentioned. I am just adjusting one that I found online and deleting and adding as needed. ( I just wanted an easy button and have one that was tailored to me.lol ) Thanks for all of your help and advice! You all are the BEST! On a happy note...I got a pre-approved letter from the lender. And I meet with my realtor tonight to go over a draft for an offer we are submiting. I am a happy, nervous, ecstatic being right now!
__________________ Aloha & Have a wonderful day! Roni~ Ahi Shibi Roxie Heart Alize & Prada |
10-01-2012, 07:56 PM | #9 |
Between♥Suspensions Donating Member Join Date: Aug 2009 Location: Vaissades
Posts: 7,979
| Profit and Loss Statement Beauty Shop Heres a simple download template. Daycare.com is a great forum for any type of child care providet I totally recomend it.
__________________ Shan & 8 kids now! |
10-02-2012, 12:51 AM | #10 | |
Living In Paradise! Donating Member Join Date: Jul 2011 Location: Ewa Beach on the island of Oahu
Posts: 3,588
| Quote:
Thank you! I just found Daycare.com today. Although it's not letting me click/upload on any links yet as i'm still a new member.(not enough posts) hmmm...do they have any game threads? lol
__________________ Aloha & Have a wonderful day! Roni~ Ahi Shibi Roxie Heart Alize & Prada | |
10-02-2012, 10:15 AM | #11 |
Between♥Suspensions Donating Member Join Date: Aug 2009 Location: Vaissades
Posts: 7,979
| Tons if threads. The site really lacks organization in its development to be honest. Everything is all clustered in the main daycare family care forum. I'm hoping if more ppl join and urge admin to better oragnize it will happen...until then it takes time tosort through everything, but its all there. Great site you need about 30mns a session to look stuff up on.
__________________ Shan & 8 kids now! |
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