Donate SIGN UP

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

Avatar Image
Bexflower | 11:43 Sun 29th Apr 2012 | Business & Finance
4 Answers
In Profit and Loss forecasts if I had bank loan repayments would I include this in the forecast or would I leave it out?
Gravatar

Answers

1 to 4 of 4rss feed

Best Answer

No best answer has yet been selected by Bexflower. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
You'd have to include that figure in your outgoings, so you'd need to include it in your annual expenditure, yes.
Question Author
@boxtops

That's great thanks, I thought that it would be logical to put it in here but wasn't totally sure! Thanks again.
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.
thats my understanding too Skyline, just the interest.

1 to 4 of 4rss feed

Do you know the answer?

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

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.