Profit & Loss and Balance Sheet
The two statements everyone asks for
These are the two statements every business owner, bank and auditor asks for first. We prepare them accurately from your records and explain what they mean.
- Best forOwners who need the two core statements
- You getProfit and loss statement and balance sheet
- WhereKarachi office and online across Pakistan
- HoursMon to Sat, 10 am to 6 pm
The two statements in simple words
The profit and loss statement shows how much you earned, how much you spent and whether you made a profit or a loss over a period.
The balance sheet shows what your business owns and owes on a specific date, and what is left for the owners.
Signs you need this service
You only know your bank balance
Cash in the bank is not the same as profit.
The bank wants statements
And you have only a list of transactions.
The statements do not agree
Profit on one report does not match the balance sheet.
Adjustments are missed
Accruals, prepayments and depreciation change the real result.
What is included
Both statements
Prepared from your reviewed books.
Cross-checks
Agreed with each other and with the trial balance.
Adjustments
Accruals, prepayments and depreciation applied.
Clear format
Presented in a professional, readable layout.
Plain explanation
We walk you through the results.
Any period
Monthly, quarterly or yearly.
How it works
- 1
Review
We review your records and trial balance.
- 2
Adjust
We make the needed adjustments.
- 3
Prepare
We prepare the two statements.
- 4
Explain
We walk you through them.
What you receive
| Deliverable | What it shows |
|---|---|
| Profit and loss statement | Income, expenses and net profit or loss |
| Balance sheet | Assets, liabilities and equity on the report date |
| Supporting schedules | The detail behind key figures |
| Walkthrough | A short explanation of the results |
Who this service suits
- Businesses applying for bank finance
- Companies preparing for audit or tax filing
- Owners meeting investors or partners
- Anyone who wants to understand profitability
Profit and loss and balance sheet, explained
The profit and loss statement shows income and expenses over a period, ending with profit or loss. The balance sheet is a snapshot of what the business owns, what it owes and what belongs to the owners on a given date.
Banks, investors and auditors ask for both. We prepare them from reconciled books, check that they agree and walk you through each line so you can read them without an accountant beside you.
Profit & Loss and Balance Sheet for every type of business in Pakistan
Profit & Loss and Balance Sheet from NumberCraft Consulting is built around how your sector actually trades. Open any of the 13 industries to see the typical issues and exactly what you receive.
Request a free quoteGTGeneral Trading CompaniesView details
Profit & Loss and Balance Sheet for general trading companies. Statements that reflect your stock, purchases and sales margins accurately. General trading companies buy a wide range of goods from local and overseas suppliers and sell to retailers, contractors and walk-in buyers. With many products, suppliers and customers, accounting must follow stock, credit and margin together.
- Stock and books do not match
- Margins hidden by mixed products
- Supplier and customer balances pile up
- An accurate profit and loss statement and balance sheet
- Stock valuation and movement
- Margin by product group
- Supplier and customer aging
General Trading Companies accounting in Pakistan · Request a quote
WDWholesale & DistributionView details
Profit & Loss and Balance Sheet for wholesale & distribution. Statements that reflect your credit customers and godown stock accurately. Wholesalers and distributors move bulk stock through godowns and routes, selling mostly on credit. Cash flow depends on how quickly customers pay, so receivables and stock turnover need constant attention.
- Large credit balances
- Stock across godowns
- Discounts and schemes
- An accurate profit and loss statement and balance sheet
- Customer aging and credit limits
- Stock by godown
- Route and scheme profitability
Wholesale & Distribution accounting in Pakistan · Request a quote
RSSmall Retail Chains & Departmental StoresView details
Profit & Loss and Balance Sheet for small retail chains & departmental stores. Statements that reflect your branch sales and daily cash accurately. Retail chains and departmental stores sell hundreds of items across counters and branches every day. The books must combine cash, card and wallet sales with stock and branch expenses.
- Many branches, many numbers
- Daily cash, card and wallet sales
- Shrinkage and stock loss
- An accurate profit and loss statement and balance sheet
- Branch-wise profit and loss
- Daily sales reconciliation
- Stock shrinkage report
Small Retail Chains & Departmental Stores accounting in Pakistan · Request a quote
FDFMCG DistributorsView details
Profit & Loss and Balance Sheet for fmcg distributors. Statements that reflect your claims, schemes and thin margins accurately. FMCG distributors work on thin margins, fast stock turnover and regular claims from principal companies. A small pricing or discount error can remove a month of profit.
- Thin margins
- Company claims and incentives
- Expiry and returns
- An accurate profit and loss statement and balance sheet
- Brand-wise margin
- Claims and incentives register
- Expiry and returns summary
CCCleaning Chemicals TradingView details
Profit & Loss and Balance Sheet for cleaning chemicals trading. Statements that reflect your repacking costs and institutional credit accurately. Cleaning chemicals traders buy in bulk, repack into smaller sizes and sell to hotels, factories, offices and retailers. Costing must reflect each pack size, and institutional buyers often pay late.
- Repacking changes unit costs
- Institutional credit
- Wastage and spillage
- An accurate profit and loss statement and balance sheet
- Cost per litre and per pack
- Institutional customer aging
- Wastage and stock variance
Cleaning Chemicals Trading accounting in Pakistan · Request a quote
MEMobile & Electronics AccessoriesView details
Profit & Loss and Balance Sheet for mobile & electronics accessories. Statements that reflect your small items and daily cash sales accurately. Mobile and electronics accessories sellers handle thousands of small items with quick price changes and mostly cash sales. Clean item records and daily cash checks protect margins.
- Thousands of small items
- Quick price changes
- Cash-heavy sales
- An accurate profit and loss statement and balance sheet
- Item-wise margin
- Daily cash and bank reconciliation
- Fast and slow stock list
Mobile & Electronics Accessories accounting in Pakistan · Request a quote
APAuto Spare Parts DealersView details
Profit & Loss and Balance Sheet for auto spare parts dealers. Statements that reflect your part-wise stock and supplier credit accurately. Auto spare parts dealers stock many brands, grades and part numbers sourced locally and from imports. Money gets tied up in slow-moving parts, so stock and supplier balances need close tracking.
- Many part numbers
- Slow-moving stock
- Supplier credit
- An accurate profit and loss statement and balance sheet
- Slow-moving stock report
- Supplier ledger reconciliation
- Margin by brand and source
Auto Spare Parts Dealers accounting in Pakistan · Request a quote
SOStationery & Office SuppliesView details
Profit & Loss and Balance Sheet for stationery & office supplies. Statements that reflect your seasonal stock and corporate billing accurately. Stationery and office supplies businesses serve shoppers, schools and corporate buyers, with demand that peaks in certain seasons. Records must separate counter sales from invoiced corporate orders.
- Seasonal demand
- Corporate credit
- Many low-value items
- An accurate profit and loss statement and balance sheet
- Seasonal sales comparison
- Corporate billing and aging
- Category margins
Stationery & Office Supplies accounting in Pakistan · Request a quote
BHBuilding Materials & HardwareView details
Profit & Loss and Balance Sheet for building materials & hardware. Statements that reflect your contractor credit and heavy stock accurately. Building materials and hardware dealers sell heavy goods to contractors and builders, often on staged payments. Long credit cycles and rate changes make cash flow and stock valuation critical.
- Project credit
- Heavy stock
- Price swings
- An accurate profit and loss statement and balance sheet
- Contractor and project ledgers
- Stock valuation at current cost
- Expected collections
Building Materials & Hardware accounting in Pakistan · Request a quote
ITComputer & IT Equipment TradingView details
Profit & Loss and Balance Sheet for computer & it equipment trading. Statements that reflect your import costs and warranty returns accurately. Computer and IT equipment traders import or buy locally, sell to corporate and retail customers and handle warranty returns. Freight, clearing and other charges must be added to item cost to see true margin.
- Import costs
- Warranty and returns
- Corporate credit
- An accurate profit and loss statement and balance sheet
- Landed cost per shipment
- Warranty and returns tracking
- Corporate receivables aging
Computer & IT Equipment Trading accounting in Pakistan · Request a quote
FTFurniture TradingView details
Profit & Loss and Balance Sheet for furniture trading. Statements that reflect your custom orders and customer advances accurately. Furniture traders and makers sell large, often custom orders that customers pay for in parts. Advances must be recorded correctly and each order needs its own cost and margin.
- Advance payments
- Custom orders
- Slow stock
- An accurate profit and loss statement and balance sheet
- Order-wise profit
- Customer advances register
- Showroom stock review
ECE-commerce & Online SellersView details
Profit & Loss and Balance Sheet for e-commerce & online sellers. Statements that reflect your COD, marketplace payouts and returns accurately. Online sellers earn through marketplaces, social media and their own sites, with payments arriving from couriers and platforms after fees. Accurate books must reconcile each payout to its orders.
- COD and courier settlements
- Marketplace fees
- High returns
- An accurate profit and loss statement and balance sheet
- Payout reconciliation
- Profit per order after fees
- Returns and restocking report
E-commerce & Online Sellers accounting in Pakistan · Request a quote
ADAdvertising & Digital Marketing AgenciesView details
Profit & Loss and Balance Sheet for advertising & digital marketing agencies. Statements that reflect your retainers, ad spend and overseas receipts accurately. Advertising and digital marketing agencies earn from retainers and projects while managing client ad budgets. Revenue timing, pass-through spend and overseas payments must be recorded clearly.
- Retainers and projects
- Ad spend pass-through
- Foreign-currency receipts
- An accurate profit and loss statement and balance sheet
- Client-wise profitability
- Ad spend vs agency income
- Billing and collections schedule
Advertising & Digital Marketing Agencies accounting in Pakistan · Request a quote
Profit & Loss and Balance Sheet in Karachi, Lahore, Islamabad and across Pakistan
We are based in Karachi and serve clients in every major city. Open your city to see the local areas and industries we support.
Request a free quoteKAAccounting in KarachiSaddar, Jodia Bazar and Bolton Market
Profit & Loss and Balance Sheet in Karachi. Karachi is Pakistan’s largest commercial city and main port, home to trading, distribution, retail and industrial businesses. We support Karachi businesses with an accurate profit and loss statement and balance sheet.
Areas: Saddar, Jodia Bazar and Bolton Market, DHA and Clifton, Shahrah-e-Faisal and DACHS and Gulshan-e-Iqbal and North Nazimabad. Industries: General Trading Companies, Wholesale & Distribution, Cleaning Chemicals Trading.
Visit our Karachi office or work online. Full Karachi page
LAAccounting in LahoreGulberg and Main Boulevard
Profit & Loss and Balance Sheet in Lahore. Lahore is a major centre for wholesale trade, retail, manufacturing and a growing digital and agency scene. We support Lahore businesses with an accurate profit and loss statement and balance sheet.
Areas: Gulberg and Main Boulevard, DHA and Johar Town, Model Town and Garden Town and Hall Road and Mozang. Industries: Wholesale & Distribution, Mobile & Electronics Accessories, Auto Spare Parts Dealers.
We serve Lahore clients online with cloud software, video calls and secure document sharing. Full Lahore page
ISAccounting in Islamabad & RawalpindiBlue Area and F-6/F-7
Profit & Loss and Balance Sheet in Islamabad & Rawalpindi. Islamabad and Rawalpindi combine corporate offices, IT firms, contractors, traders and service businesses. We support Islamabad & Rawalpindi businesses with an accurate profit and loss statement and balance sheet.
Areas: Blue Area and F-6/F-7, I-9 and I-10 industrial areas, Bahria Town and DHA and Saddar and Raja Bazaar, Rawalpindi. Industries: Computer & IT Equipment Trading, Advertising & Digital Marketing Agencies, Building Materials & Hardware.
We serve Islamabad & Rawalpindi clients online with cloud software, video calls and secure document sharing. Full Islamabad & Rawalpindi page
FAAccounting in FaisalabadSusan Road and D Ground
Profit & Loss and Balance Sheet in Faisalabad. Faisalabad is known for textiles and garments, with many traders, suppliers and small manufacturers. We support Faisalabad businesses with an accurate profit and loss statement and balance sheet.
Areas: Susan Road and D Ground, Peoples Colony, Eight Bazaars and Clock Tower and Jaranwala Road and Millat Chowk. Industries: General Trading Companies, Wholesale & Distribution, Furniture Trading.
We serve Faisalabad clients online with cloud software, video calls and secure document sharing. Full Faisalabad page
MUAccounting in MultanCantt and Gulgasht
Profit & Loss and Balance Sheet in Multan. Multan is a key trading and agricultural hub in southern Punjab, with growing retail and distribution. We support Multan businesses with an accurate profit and loss statement and balance sheet.
Areas: Cantt and Gulgasht, Bosan Road, Hussain Agahi and Chowk Bazaar and Vehari Road. Industries: Wholesale & Distribution, FMCG Distributors, Building Materials & Hardware.
We serve Multan clients online with cloud software, video calls and secure document sharing. Full Multan page
PEAccounting in PeshawarSaddar and University Road
Profit & Loss and Balance Sheet in Peshawar. Peshawar is a major trading city linked to regional commerce, with busy markets and distributors. We support Peshawar businesses with an accurate profit and loss statement and balance sheet.
Areas: Saddar and University Road, Hayatabad, Karkhano Market and Qissa Khwani Bazaar. Industries: Mobile & Electronics Accessories, General Trading Companies, Wholesale & Distribution.
We serve Peshawar clients online with cloud software, video calls and secure document sharing. Full Peshawar page
QUAccounting in QuettaJinnah Road
Profit & Loss and Balance Sheet in Quetta. Quetta is Balochistan’s commercial centre, with trading, distribution and retail businesses serving the province. We support Quetta businesses with an accurate profit and loss statement and balance sheet.
Areas: Jinnah Road, Zarghoon Road, Sariab Road and Satellite Town. Industries: General Trading Companies, Wholesale & Distribution, Small Retail Chains & Departmental Stores.
We serve Quetta clients online with cloud software, video calls and secure document sharing. Full Quetta page
HYAccounting in HyderabadLatifabad
Profit & Loss and Balance Sheet in Hyderabad. Hyderabad is Sindh’s second-largest city, with traders, distributors and retailers close to Karachi. We support Hyderabad businesses with an accurate profit and loss statement and balance sheet.
Areas: Latifabad, Qasimabad, Hirabad and Saddar. Industries: Wholesale & Distribution, Small Retail Chains & Departmental Stores, FMCG Distributors.
We serve Hyderabad clients online with cloud software, video calls and secure document sharing. Full Hyderabad page
SIAccounting in SialkotSialkot Cantt
Profit & Loss and Balance Sheet in Sialkot. Sialkot is known for sports goods, surgical instruments and leather, alongside local suppliers and traders. We support Sialkot businesses with an accurate profit and loss statement and balance sheet.
Areas: Sialkot Cantt, Paris Road, Kashmir Road and Daska Road. Industries: General Trading Companies, Wholesale & Distribution, E-commerce & Online Sellers.
We serve Sialkot clients online with cloud software, video calls and secure document sharing. Full Sialkot page
GUAccounting in GujranwalaSatellite Town
Profit & Loss and Balance Sheet in Gujranwala. Gujranwala is a busy industrial and trading city, known for manufacturing, appliances and food processing. We support Gujranwala businesses with an accurate profit and loss statement and balance sheet.
Areas: Satellite Town, Model Town and Wapda Town, GT Road and Small Industries Estate. Industries: Wholesale & Distribution, Building Materials & Hardware, Furniture Trading.
We serve Gujranwala clients online with cloud software, video calls and secure document sharing. Full Gujranwala page
Frequently asked questions
Can you prepare them monthly?
Yes. Monthly, quarterly or yearly.
Will banks accept them?
Banks set their own requirements. We prepare in a standard format and can adapt to what your bank asks.
What do you need from me?
Bank statements, sales and purchase records, expense records and access to your accounting software.
What is the difference between profit and cash?
Profit is what you earned after costs. Cash is what is in the bank. A business can be profitable and still short of cash.
Can you prepare comparatives?
Yes. We can show this period against last period or against budget.