The income statement reports a company’s profitability during a specified period of time. The period of time could be one year, one month, three months, 13 weeks, or any other time interval chosen by the company.

The main components of the income statement are revenues, expenses, gains, and losses. Revenues include such things as sales, service revenues, and interest revenue. Expenses include the cost of goods sold, operating expenses (such as salaries, rent, utilities, advertising), and nonoperating expenses (such as interest expense). If a corporation’s stock is publicly traded, the earnings per share of its common stock are reported on the income statement. (You can learn more about the income statement

Our Specialized Accounting Services

SnP believes in understanding customers exact needs and developing a customized solution that best suits their diverse business.

Our Services include –

General Accounting and Bookkeeping Services-

Day-to-day bookkeeping andpreparation of monthly/ quarterly accounts.Our experts utilize popular Bookkeeping and Accounting Software platforms like Tally, QuickBooks, Intuit, etc. to ensure data correctness and faster results.

Preparation of Financial Statements

Our services include:
  • Financial Reports
  • Financial Statement Preparation
  • Accounts Reconciliation
  • Financial Budgeting
  • Preparation of Tax Returns – Preparation of periodic tax, Gst and other returns. We also facilitate everything from tax processing and planning to filing, including tax returns preparation, quarterly returns and Annual Returns.