Profit and Loss Categories.PDF
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Profit and Loss Categories for Piano Teachers
!Income Streams Tui%on Tui%on Discounts Tui%on Refunds Unapplied Cash Payment Income (if any) Uncategorized Income Total Income Gross Profit Expenses Adver%sing Auto Bad Debts Charitable Contribu%ons Contract Labor Credit Card Fees Dues & Subscrip%ons Educa%on & Training GiIs Income Tax Paid Instruments Insurance Interest Paid (various subcategories here) Lease Expense (if any) Legal & Professional Fees License Expense Meals and Entertainment Merchant Fees (subcategories possibly here) Office Supplies Total Merchant Fees Music Office Expenses Awards and Trophies Hall Rentals Total Office Expenses Taxes & Licenses Travel Travel Meals U>li>es Total Expenses Net Opera>ng Income Total Income Total Other Income Net Other Income Net Income !!!!
Kris%n Yost l www.Kris%nYost.com l kris%[email protected] l @MusicalMinds