In Profit and Loss forecasts if I had bank loan repayments would I include this in the forecast?

[Bexflower]

In Profit and Loss forecasts if I had bank loan repayments would I include this in the forecast or would I leave it out?

[boxtops]

You'd have to include that figure in your outgoings, so you'd need to include it in your annual expenditure, yes.

[Bexflower]

@boxtops

That's great thanks, I thought that it would be logical to put it in here but wasn't totally sure! Thanks again.

[Skyline D]

Sorry that answer by boxtops is completely and utterly 100% wrong. Please ignore it.

Bank Loan repayments themselves have absolutely nothing to do with a business's "profit" or "loss" and should NOT be included in the Profit and loss forecasts.

Any interest element of the repayment should be included though, but not the capital amount. The capital repayment of loans is a USE of profits, not a cost in arriving at them.

[chas2008]

thats my understanding too Skyline, just the interest.