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profit and loss help
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hi, on filling in my pro forma profit and loss, where do i get the 'sales and marketing and other expenses figures from? also what is used to work out the payroll taxes and what is interest expense? many thanks
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Not sure exactly what your asking here........
Basically the Sales and Marketing shown in the Expenses would relate to costs associated with marketing your goods / services. Other Expenses figures are just that. The Interest Expense will relate to any interest costs from bank accounts and loans etc for the business.
If you are having problems understanding a Profit and Loss account, I think it best to talk to an accountant, especially if your completing a self assesment tax form etc!
Basically the Sales and Marketing shown in the Expenses would relate to costs associated with marketing your goods / services. Other Expenses figures are just that. The Interest Expense will relate to any interest costs from bank accounts and loans etc for the business.
If you are having problems understanding a Profit and Loss account, I think it best to talk to an accountant, especially if your completing a self assesment tax form etc!
Only 1 answer
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