Professional Documents
Culture Documents
Business Name:
START MONTH
GST REGISTRATION
Registered for GST = 10 0 Box 'B'
Not Registered for GST = 0
1. Decide upon the month in which you expect to start your business and place the appropria
(IT MUST be between 1 to 12)
2. Decide whether you will be registering for GST or not and place the appropriate number in
(IT MUST be 10 or 0. You may change this at any time, in order to see the likely result).
4. Complete your 'SalemixYr1' (Only attempt to fill in spaces that are shaded).
5. Complete the 'CashFlowYr1'. (Again, only attempt to fill spaces that are shaded)
(Apart from 'overheads', data will have flowed through from the sale Mix.
6. The 'P&L Yr1 and Yr2' - Profit and Loss will complete itself
7. Repeat steps 4 and 5 for year 2. (Again, only attempt to fill spaces that
9. Open the 'Break Even' tab. Much of the information needed will already have been transfe
(Merely type in the number of days, hours, etc. that you intend to work - boxes shaded).
10. 'Summary' and 'Graphs' will complete themselves
NB: Depending upon the size of your screen, some tabs may be hidden. Just scroll across to r
Your Name: Jesse Fielder-Coleman
Box 'A'
The information on the income statement will help you monitor your progress against your finan
The information below will assist you in completing the budget figures on your income statemen
Submit your form to luke@absinstitue.com.au / text to 0430 288 729 / Post to PO BOX 4051 Vict
ur income statement
you do the
ents - record the
ation here also,
r own
ation as a
ss Owner.
Fixed Assets - Assets you already own for the business / Assets for future purchase
Computer $ 1,500.00
Standing Workbench
Anti-static kit:
Wrist strap $ 10.00
Mat $ 20.00
Screwdriver set $ 40.00
Stock/Expense Items
DESCRIPTION OWNED To Be Purchased
(Value) (Cost)
Appendix 8.1
Total $ - $ -
Total Value
$ 1,500.00
$ -
$ -
$ 10.00
$ 20.00
$ 40.00
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ 1,570.00
Total Value
$ -
$ -
$ -
$ -
$ -
$ -
Appendix 8.1
$ -
$ -
$ 1,570.00
SALES MIX YEAR 1
1st Year Sales MONTH April May June July August September October November December January February
Cost/Sale
ITEM OR SERVICE Price
Computer Price 1
No sold per month 0 0 1 0 1 1 2 0 2 0 1
Sale Price 1,500.00 $ - $ - $ 1,500.00 $ - $ 1,500.00 $ 1,500.00 $ 3,000.00 $ - $ 3,000.00 $ - $ 1,500.00
Cost of Materials 750.00 $ - $ - $ 750.00 $ - $ 750.00 $ 750.00 $ 1,500.00 $ - $ 1,500.00 $ - $ 750.00
ITEM OR SERVICE
Computer Price 2
No sold per month 0 0 0 1 1 1 2 1 2 0 0
Sale Price 2,000.00 $ - $ - $ - $ 2,000.00 $ 2,000.00 $ 2,000.00 $ 4,000.00 $ 2,000.00 $ 4,000.00 $ - $ -
Cost of Materials 1,000.00 $ - $ - $ - $ 1,000.00 $ 1,000.00 $ 1,000.00 $ 2,000.00 $ 1,000.00 $ 2,000.00 $ - $ -
ITEM OR SERVICE
Computer Price 3
No sold per month 0 0 0 0 1 1 1 1 1 0 0
Sale Price 2,500.00 $ - $ - $ - $ - $ 2,500.00 $ 2,500.00 $ 2,500.00 $ 2,500.00 $ 2,500.00 $ - $ -
Cost of Materials 1,250.00 $ - $ - $ - $ - $ 1,250.00 $ 1,250.00 $ 1,250.00 $ 1,250.00 $ 1,250.00 $ - $ -
ITEM OR SERVICE
Computer Price 4
No sold per month 0 0 0 0 0 0 0 0 1 0 0
Sale Price 3,000.00 $ - $ - $ - $ - $ - $ - $ - $ - $ 3,000.00 $ - $ -
Cost of Materials 1,500.00 $ - $ - $ - $ - $ - $ - $ - $ - $ 1,500.00 $ - $ -
ITEM OR SERVICE
Computer Price 5
No sold per month 0 0 0 0 0 0 0 0 1 0 0
Sale Price 3,500.00 $ - $ - $ - $ - $ - $ - $ - $ - $ 3,500.00 $ - $ -
Cost of Materials 1,750.00 $ - $ - $ - $ - $ - $ - $ - $ - $ 1,750.00 $ - $ -
ITEM OR SERVICE
Computer Price 6
No sold per month 0 0 0 0 0 0 0 0 1 0 0
Sale Price 4,000.00 $ - $ - $ - $ - $ - $ - $ - $ - $ 4,000.00 $ - $ -
Cost of Materials 2,000.00 $ - $ - $ - $ - $ - $ - $ - $ - $ 2,000.00 $ - $ -
SALES MIX YEAR 1
ITEM OR SERVICE
Monster rig
No sold per month 0 0 0 0 0 0 0 0 1 0 0
Sale Price 10,000.00 $ - $ - $ - $ - $ - $ - $ - $ - $ 10,000.00 $ - $ -
Cost of Materials 8,500.00 $ - $ - $ - $ - $ - $ - $ - $ - $ 8,500.00 $ - $ -
ITEM OR SERVICE
TOTAL $$$ SALES (A) $ - $ - $ 1,500.00 $ 2,000.00 $ 6,000.00 $ 6,000.00 $ 9,500.00 $ 4,500.00 $ 30,000.00 $ - $ 1,500.00
COST OF MATERIALS $ - $ - $ 750.00 $ 1,000.00 $ 3,000.00 $ 3,000.00 $ 4,750.00 $ 2,250.00 $ 18,500.00 $ - $ 750.00
%
Cash Sales 100 $ - $ - $ 1,500.00 $ 2,000.00 $ 6,000.00 $ 6,000.00 $ 9,500.00 $ 4,500.00 $ 30,000.00 $ - $ 1,500.00
% 30 days credit $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
SALES MIX YEAR 1
% 60 days credit $ - $ - $ - $ - $ - $ - $ - $ - $ -
% 90 days credit $ - $ - $ - $ - $ - $ - $ - $ -
Net value of receipts (Exc GST) $ - $ - $ 1,500.00 $ 2,000.00 $ 6,000.00 $ 6,000.00 $ 9,500.00 $ 4,500.00 $ 30,000.00 $ - $ 1,500.00
GST received $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
SALES MIX YEAR 1
SALES MIX YEAR 1
March FULL YEAR
2 10
$ 3,000.00 $ 15,000.00
$ 1,500.00 $ 7,500.00
1 9
$ 2,000.00 $ 18,000.00
$ 1,000.00 $ 9,000.00
0 5
$ - $ 12,500.00
$ - $ 6,250.00
1 2
$ 3,000.00 $ 6,000.00
$ 1,500.00 $ 3,000.00
0 1
$ - $ 3,500.00
$ - $ 1,750.00
0 1
$ - $ 4,000.00
$ - $ 2,000.00
SALES MIX YEAR 1
0 1
$ - $ 10,000.00
$ - $ 8,500.00
0
$ - $ -
$ - $ -
0
$ - $ -
$ - $ -
0
$ - $ -
$ - $ -
0
$ - $ -
$ - $ -
0
$ - $ -
$ - $ -
$ 8,000.00 $ 69,000.00
$ 4,000.00 $ 38,000.00
$ 8,000.00 $ 69,000.00
$ - $ -
SALES MIX YEAR 1
$ - $ -
$ - $ -
$ - $ -
Appendix 6.5.1
$ 8,000.00 $ 69,000.00
$ - $ -
CASHFLOW SHEET - YEAR 1
Business Name: 0 Client Name: Jesse Fielder-Coleman 1st Year Ca
Month April May June July August September October November December January February
TOTAL SALES EXC GST $ - $ - $ 1,500.00 $ 2,000.00 $ 6,000.00 $ 6,000.00 $ 9,500.00 $ 4,500.00 $ 30,000.00 $ - $ 1,500.00
TAX
1A - GST received (Sales) $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
1B - GST Paid (Expenses) $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
9 - Info only - BAS / GST Payable $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
TOTAL EXPENSES $ 1,190.00 $ 1,120.00 $ 1,870.00 $ 2,120.00 $ 4,496.00 $ 4,496.00 $ 6,596.00 $ 3,596.00 $ 21,696.00 $ 2,211.60 $ 2,961.60
Net Profit / Loss (After Taxes) -$1,190.00 -$1,120.00 -$370.00 -$120.00 $1,504.00 $1,504.00 $2,904.00 $904.00 $8,304.00 -$2,211.60 -$1,461.60
Cash at Start of Month $ 600.00 -$590.00 -$1,710.00 -$2,080.00 -$2,200.00 -$696.00 $808.00 $3,712.00 $4,616.00 $12,920.00 $10,708.40
Cash at End of Month -$590.00 -$1,710.00 -$2,080.00 -$2,200.00 -$696.00 $808.00 $3,712.00 $4,616.00 $12,920.00 $10,708.40 $9,246.80
CASHFLOW SHEET - YEAR 1
Net Profi
Total
$ 4,000.00 $ 38,000.00
$ -
$ 100.00 $ 1,200.00
$ 100.00 $ 1,200.00
$ 45.00 $ 540.00
$ -
$ -
$ 70.00
$ 800.00 $ 9,600.00
$ -
$ -
$ 75.00 $ 900.00
$ -
$ -
$ 1,091.60 $ 3,274.80
$ -### $ -
$ - $ -
$ -
$ 357.68 $ 4,137.68
$ 6,569.28 $ 58,922.48
$1,430.72 $10,077.52
$9,246.80
$10,677.52
CASHFLOW SHEET - YEAR 1
Income Expenditure
12 Months $ 69,000.00
Income Statement Quarters are Jan to March, April to June, July to September, & October to December,
See the Income Statement Tab for budgetted figures
SALES MIX - YEAR 2
2nd Year Sales MONTH April May June July August September
COST/SALE
ITEM OR SERVICE PRICE
Computer Price 1
No sold per month 1 2 2 1 1 2
Value of Sales this item $1,500.00 $ 1,500.00 $ 3,000.00 $ 3,000.00 $ 1,500.00 $ 1,500.00 $ 3,000.00
Cost of materials $750.00 $ 750.00 $ 1,500.00 $ 1,500.00 $ 750.00 $ 750.00 $ 1,500.00
ITEM OR SERVICE
Computer Price 2
No sold per month 0 1 0 2 1 0
Value of Sales this item $2,000.00 $ - $ 2,000.00 $ - $ 4,000.00 $ 2,000.00 $ -
Cost of materials $1,000.00 $ - $ 1,000.00 $ - $ 2,000.00 $ 1,000.00 $ -
ITEM OR SERVICE
Computer Price 3
No sold per month 0 0 1 0 0 0
Value of sales for this item $2,500.00 $ - $ - $ 2,500.00 $ - $ - $ -
Cost of materials $1,250.00 $ - $ - $ 1,250.00 $ - $ - $ -
ITEM OR SERVICE
Computer Price 4
No sold per month 0 0 0 1 0 0
Value of sales for this item $3,000.00 $ - $ - $ - $ 3,000.00 $ - $ -
Cost of materials $1,500.00 $ - $ - $ - $ 1,500.00 $ - $ -
ITEM OR SERVICE
Computer Price 5
SALES MIX - YEAR 2
ITEM OR SERVICE
Monster rig
No sold per month 0 0 0 0 0 0
Value of sales for this item $10,000.00 $ - $ - $ - $ - $ - $ -
Cost of Materials $8,500.00 $ - $ - $ - $ - $ - $ -
ITEM OR SERVICE
0
No sold per month
Value of sales for this item $ - $ - $ - $ - $ - $ -
Cost of Materials $ - $ - $ - $ - $ - $ -
ITEM OR SERVICE
0
No sold per month
Value of sales for this item $ - $ - $ - $ - $ - $ -
Cost of Materials $ - $ - $ - $ - $ - $ -
ITEM OR SERVICE
0
No sold per month
Value of sales for this item $ - $ - $ - $ - $ - $ -
Cost of Materials $ - $ - $ - $ - $ - $ -
ITEM OR SERVICE
0
No sold per month
Value of sales for this item $ - $ - $ - $ - $ - $ -
Cost of Materials $ - $ - $ - $ - $ - $ -
SALES MIX - YEAR 2
ITEM OR SERVICE
0
No sold per month
Value of sales for this item $ - $ - $ - $ - $ - $ -
Cost of Materials $ - $ - $ - $ - $ - $ -
TOTAL $$$ SALES (A) $ 1,500.00 $ 8,500.00 $ 9,500.00 $ 8,500.00 $ 3,500.00 $ 6,500.00
COST OF MATERIALS $ 750.00 $ 4,250.00 $ 4,750.00 $ 4,250.00 $ 1,750.00 $ 3,250.00
%
Cash Sales 100 $1,500.00 $8,500.00 $9,500.00 $8,500.00 $3,500.00 $6,500.00
% 30 days credit $0.00 $0.00 $0.00 $0.00 $0.00
% 60 days credit $0.00 $0.00 $0.00 $0.00
% 90 days credit $0.00 $0.00 $0.00
Estimated Total Sales not paid - On Credit $0.00 $0.00 $0.00 $0.00 $0.00
Net value of receipts (Exc GST) $ 1,500.00 $ 8,500.00 $ 9,500.00 $ 8,500.00 $ 3,500.00 $ 6,500.00
GST received $ - $ - $ - $ - $ - $ -
SALES MIX - YEAR 2
1 0 3 0 1 2 16
$ 1,500.00 $ - $ 4,500.00 $ - $ 1,500.00 $ 3,000.00 $ 24,000.00
$ 750.00 $ - $ 2,250.00 $ - $ 750.00 $ 1,500.00 $ 12,000.00
0 0 2 0 0 1 7
$ - $ - $ 4,000.00 $ - $ - $ 2,000.00 $ 14,000.00
$ - $ - $ 2,000.00 $ - $ - $ 1,000.00 $ 7,000.00
0 0 1 0 0 1 3
$ - $ - $ 2,500.00 $ - $ - $ 2,500.00 $ 7,500.00
$ - $ - $ 1,250.00 $ - $ - $ 1,250.00 $ 3,750.00
0 0 1 0 0 0 2
$ - $ - $ 3,000.00 $ - $ - $ - $ 6,000.00
$ - $ - $ 1,500.00 $ - $ - $ - $ 3,000.00
SALES MIX - YEAR 2
0 0 1 0 0 0 3
$ - $ - $ 3,500.00 $ - $ - $ - $ 10,500.00
$ - $ - $ 1,750.00 $ - $ - $ - $ 5,250.00
0 0 1 0 0 0 2
$ - $ - $ 4,000.00 $ - $ - $ - $ 8,000.00
$ - $ - $ 2,000.00 $ - $ - $ - $ 4,000.00
SALES MIX - YEAR 2
0 0 1 0 0 0 1
$ - $ - $ 10,000.00 $ - $ - $ - $ 10,000.00
$ - $ - $ 8,500.00 $ - $ - $ - $ 8,500.00
0
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
0
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
0
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
0
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
SALES MIX - YEAR 2
0
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
Appendix 6.5.2
$ 1,500.00 $ - $ 31,500.00 $ - $ 1,500.00 $ 7,500.00 $ 80,000.00
$ - $ - $ - $ - $ - $ - $ -
CASHFLOW SHEET - YEAR 2
Business Name: 0 Client Name: Jesse Fielder-Coleman 2nd Year Cashflow
Month April May June July August September October November December January February March Total
TOTAL SALES EXC GST $ 1,500.00 $ 8,500.00 $ 9,500.00 $ 8,500.00 $ 3,500.00 $ 6,500.00 $ 1,500.00 $ - $ 31,500.00 $ - $ 1,500.00 $ 7,500.00### $ 80,000.00
TAX
1A - GST received (Sales) $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - ### $ -
1B - GST Paid (Expenses) $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
9 - Info only - BAS / GST Payable $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
20% Tax on Profit $ - $ 626.00 $ 726.00 $ 626.00 $ 126.00 $ 426.00 $ - $ - $ 1,846.00 $ - $ - $ 526.00 $ 4,902.00
TOTAL EXPENSES $ 1,870.00 $ 5,996.00 $ 6,596.00 $ 5,996.00 $ 2,996.00 $ 4,796.00 $ 1,870.00 $ 1,120.00 $ 24,116.00 $ 1,120.00 $ 1,870.00 $ 5,396.00 $ 63,742.00
Net Profit / Loss (After Taxes) -$370.00 $2,504.00 $2,904.00 $2,504.00 $504.00 $1,704.00 -$370.00 -$1,120.00 $7,384.00 -$1,120.00 -$370.00 $2,104.00 $ 16,258.00
Cash at Start of Month $10,677.52 $10,307.52 $12,811.52 $15,715.52 $18,219.52 $18,723.52 $20,427.52 $20,057.52 $18,937.52 $26,321.52 $25,201.52 $24,831.52
Cash at End of Month $10,307.52 $12,811.52 $15,715.52 $18,219.52 $18,723.52 $20,427.52 $20,057.52 $18,937.52 $26,321.52 $25,201.52 $24,831.52 $26,935.52
Income Expenditure
12 Months $ 80,000.00
Income Statement Quarters are Jan to March, April to June, July to September, & October to Decemb
See the Income Statement Tab for budgetted figures
Appendix 6.7.2
tober to December,
PERSONAL BUDGET
INCOME
Month April May June July August September October
NEIS (Average) if applicable $ 1,091.60 $ 1,091.60 $ 1,091.60 $ 1,091.60 $ 1,091.60 $ 1,091.60 $ 1,091.60
Rent Assistance (6 mths only) $ 217.00 $ 217.00 $ 217.00 $ 217.00 $ 217.00 $ 217.00 $ -
Parenting Payment
Family Tax Benefit
Other income
TOTAL INCOME $ 1,308.60 $ 1,308.60 $ 1,308.60 $ 1,308.60 $ 1,308.60 $ 1,308.60 $ 1,091.60
EXPENSES Do not include any Business Expenses or the portion of Business Expenses here - only Personal Ex
Fixed Monthly Expenses
Mortgage or Rent $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00
Personal Loan (s)
Insurance - Health
Child Care
School Fees
Pocket Money $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00
Total $ 900.00 $ 900.00 $ 900.00 $ 900.00 $ 900.00 $ 900.00 $ 900.00
Appendix 6.2
$ -
$ -
$ -
$ - $ - $ - $ - $ - $ -
Complete the Below for all your Assets and Liabilities - Personal and Business
ASSETS
(You Own)
LIABILITIES
(You Owe)
Bills Unpaid $ -
Personal Loans $ -
Lease Contracts to be paid $ -
Mortgage (s) $ -
Bankcard $ -
Credit Cards $ -
Other $ -
$ -
TOTAL (b) $ -
$ 2,200.00
$ -
$ 2,200.00
Page 45
BreakEven
Appendix 6.8
Page 46
Summary
Page 47
Graph
Page 48
Graph
Page 49