Download Profit and loss statement for day care center in Excel Format by Excel Downloads. Create overall financial performance summary for a financial year or a given period for your day care center. This is a printable Profit and Loss Statement format in Excel.
Introduction to Profit and Loss statement
An income statement or profit and loss account is one of the financial statements of a company and shows the company’s revenues and expenses during a particular period. It indicates how the revenues are transformed into the net income or net profit. (Source : Wikipedia)
Income sources for Daycare center business
If we talk about the income sources for a typical daycare center business, it can be segregated into operational income and non-operational income. Some examples below will help you understand the differences –
Operation Income
Following are the examples of Operational income that can be generated by starting a daycare center business –
- Infants daycare income
- Toddlers daycare income
- Pre-schoolers daycare income
Non-operation Income
Following are the examples of Operational income that can be generated by starting a daycare center business –
- Department of social services subsidy for children
- Food program reimbursement
- Interest
- Gifts and donations from parents
Expenditures in a daycare center business
Now, let us look into the possible expenditures that can incur in running a successful daycare center. Again, in the expenditure side – we will look into the operational expenditure and general and administrative expenditures.
Operational expenditures
Following are the examples of Operational expenditure that can incur in a daycare center business –
- Advertising
- Social Media
- Website maintenance
- Daycare center maintenance
General and Administrative expenditures
Following are the examples of general and administrative expenditure that can incur in a daycare center business –
- Electricity
- Water
- Rental
- Gas
- Wages and Salaries
- Transportation
- Trainings
- Telephone
- Insurance
- Miscellaneous
This daycare profit and loss statement helps you in capturing all the incomes and expenditure as per the categorization highlighted above.
Download and use printable profit and loss statement excel template for daycare center
Now, To download and use this free printable profit and loss excel template, follow the instructions below –
- Firstly, You should have Microsoft Office/ Microsoft Excel installed in your system.
- After installing Excel or Spreadsheet, download the zip file of this template, extract the template using WinRAR or 7Zip decompressing software.
- Once extracted, you can open the file using Excel and start entering data or customizing the format.
