quarterly income statement

      Preparation of quarterly income statement:

The first step is to calculate operating profit based on operating income, minus operating costs, business taxes and surcharges, sales expenses, administrative expenses, financial expenses, asset impairment losses, plus gains from changes in fair value and investment income;
The second step is to calculate the total profit based on operating profit, plus non-operating income, subtracting non-operating expenses;
The third step is to calculate the net profit (or loss) based on the total profit, minus income tax expenses.

​ ​ 1. Quick sum? Use “Alt + ="
Excel’s functions are very powerful, and summation should be one of the most commonly used functions. Just press the shortcut keys "alt" and "=" continuously to find the sum of a series of numbers.
​​ 2. Quickly select discontinuous cells
Press the key combination "Shift+F8" to activate the "Add Selected" mode. At this time, the words "Add to Selection" will be displayed in the status bar below the worksheet. Then click on discontinuous cells or cells respectively. You can select a grid area without holding down the Ctrl key.
3. Change number format
Excel’s shortcut keys are not chaotic, but follow a certain logic.
For example, if you want to quickly change the format of a number, you can immediately add a dollar sign to the number, because the $ symbol and the number 4 share the same key.
In the same way, "Ctrl+shift+5" can quickly change the number into the form of percentage (%).
​​ 4. Display all formulas with one click “CTRL + `”
When you try to check whether there are errors in the data, you can display the formula behind the number with one click.
The "`" key is just to the left of the number 1 key:)

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