How to create an Income Statement with Forecasts (Includes Free Excel Template)

You can download our income statement template and tutorial in Excel and PPT by (1) liking our video, (2) subscribing to our YouTube channel and (3) clicking on the link below: https://www.domontconsulting.com/blog... Step by step tutorial to create an Income Statement with Forecasts: Step 1: Open our income statement template and adjust the periods based on your requirement cars. Step 2: Adjust the items listed in the income statement based on your specificities. Step 3: Input your numbers in the historical periods of your income statement. This will automatically update the historical periods of the Assumptions section. Step 4: Input the assumptions that will be used to automatically calculate the future periods of your income statement. Step 5: Review your numbers and automatically updated dashboard to make sure that everything is correct and makes sense.