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Index to Reports: General Ledger Tab
Compares your actual profit and loss for a specific accounting period with a depiction of what your profit and loss would have looked like if you had met your budgeted activity during the same period.
December 2000
Selected Period |
Budgeted |
$ Difference |
% Difference | ||
_________________________________________________________________ | |||||
Income |
|||||
Sales |
|||||
Retail Sales |
$5,318.00 |
$5,000.00 |
$318.00 | ||
Wholesale Sales |
$1,567.50 |
$1,500.00 |
$67.50 | ||
Consignment Sales |
$2,000.00 |
$2,500.00 |
($500.00) | ||
Total Income |
$8,885.50 |
$9,000.00 |
($114.50) | ||
Cost of Sales |
|||||
Retail Cost of Sales |
$3,419.31 |
$3,000.00 |
$419.31 | ||
Wholesale Cost of Sales |
$1,001.33 |
$1,000.00 |
$1.33 | ||
Total Cost of Sales |
$4,420.64 |
$4,000.00 |
$420.64 | ||
Gross Profit |
$4,464.86 |
$5,000.00 |
($535.14) | ||
Expenses |
|||||
|
Car & Truck Expenses |
$100.00 |
$125.00 |
($25.00) | |
Freight Paid |
$48.95 |
$75.00 |
($26.05) | ||
Insurance (other than health) |
$45.00 |
$50.00 |
($5.00) | ||
Interest |
|||||
Other Interest |
$750.00 |
$750.00 |
$0.00 | ||
Legal & Professional Services |
$178.90 |
$250.00 |
($71.10) | ||
Lease Expenses |
|||||
Machinery & Equipment |
$100.00 |
$120.00 |
($20.00) | ||
Other Business Property |
$12.00 |
$20.00 |
($8.00) | ||
Supplies |
$150.00 |
$150.00 |
$0.00 | ||
Taxes |
$50.00 |
$75.00 |
($25.00) | ||
Travel, Meals & Entertainment |
|||||
Meals & Entertainment |
$1,000.00 |
$1,500.00 |
($500.00) | ||
Utilities |
$450.00 |
$400.00 |
$50.00 | ||
Wages Paid |
$750.00 |
$700.00 |
$50.00 | ||
Total Expenses |
$3,634.85 |
$4,215.00 |
($580.15) | ||
Operating Profit |
$830.01 |
$785.00 |
$45.01 | ||
Other Income |
|||||
Other Expenses |
|||||
Net Profit/(Loss) |
$830.01 |
$785.00 |
$45.01 | ||