Income Tax Calculator

Trading Account Balance Sheet

Trading Inputs

Sales (PKR)

Purchases

Cost of goods purchased during the period

Opening Stock

Value of inventory at the beginning of the period

Closing Stock

Value of inventory at the end of the period

Lock Gross Profit (override calculation)

Gross Profit

Calculated automatically to balance the equation

Trading Account

Account is balanced

Debit	Credit	Amount
Purchases	Sales	0
Opening Stock	Closing Stock	0
Gross Profit
Total	Total	0

As % of Sales:

Purchases:0.00%

Opening Stock:0.00%

Closing Stock:0.00%

Gross Profit:0.00%

Profit & Loss Account (Optional)

Print Template (For Manual Calculation)

Trading Account - Debit Side:

Opening Stock: _____________

Purchases: _____________

Carriage Inward: _____________

Gross Profit c/d: _____________

Total: _____________

Trading Account - Credit Side:

Sales: _____________

Closing Stock: _____________

Purchase Returns: _____________

Total: _____________

P&L Account - Expenses:

Wages & Salaries: _____________

Rent: _____________

Insurance: _____________

Utilities: _____________

Depreciation: _____________

Advertising: _____________

Bad Debts: _____________

Commission: _____________

Discount Allowed: _____________

Misc. Expenses: _____________

Net Profit: _____________

Total: _____________

P&L Account - Income:

Gross Profit b/d: _____________

Commission Received: _____________

Discount Received: _____________

Interest Received: _____________

Other Income: _____________

Total: _____________

This template will be visible when printing for manual calculations.