Detailed financial view: See income, expenses, and net profit all in one place. Time period flexibility: Analyze your financials over monthly, quarterly, or annual periods. Visual aids: Charts and graphs help visualize financial trends., Income statements are commonly shown in a combo chart, with columns plotting revenue and net income, and a line showing the profit margin as a percentage. You can see examples of this on Google's finance pages. This kind of chart is easy to make in later versions of Excel by inserting a combo chart., Tracking your income and expenses is one of the first steps in managing your money. I designed this worksheet to use as a printable handout in an introductory personal finance course, but it also functions as an editable spreadsheet., Choosing the right income statement chart to communicate your point is dependent on your specific situation, your priorities, and also your audience. Do you want to share a general overview of how the company makes a profit with investors, or do you want to do detail drill down into expenses for the session with your CFO?, Creating an expense and income spreadsheet can help you manage your personal finances. This can be a simple spreadsheet that provides an insight into your accounts and tracks your main expenses. Here's how in Microsoft Excel. In this example, we just want to store some key information about each expense and income., .