Once you’ve calculated your profit margins, it’s time to keep track of your progress throughout the year. Monitoring your income and expenses regularly helps you make smarter financial decisions and grow your business sustainably.

To make it simple, use our Annual Profit and Loss Statement Sheet. This ready-to-use printable is designed to help you record sales, expenses, and overall profit in one organized place. It’s a great companion to this calculator and a must-have for staying on top of your business finances. ♥