A contractor-friendly Chart of Accounts reference, used personally by our firm. We provide this Chart of Accounts to you as an additional tool to compare or use as a guide for your own COA. 

This section summarizes how profit was used last year, and helps you reflect on whether those uses supported (or distracted from) your bigger goals. That reflection sets the stage for more intentional allocations going forward.

Set direction before you forecast. You'll set and review plans line by line, working through revenue, COGS, operating expenses, other income/expense, and potential profit allocation. You'll mark planned changes, capture strategy notes, and (optionally) assign an owner and target month. This sheet includes guidance scenarios straight from our firm, depending on whether or not you plan to make changes in that specific area.

Build a forward-looking plan with this sheet. Forecast income and expenses and see Gross Profit, NOI, and Net Profit update automatically. You'll allocate projected profit to your priorities and confirm you're "in the green" with an over/under allocation check.

Stress-test your plan through base (what you input in your Current Year: Profit Allocation Projector), optimistic (what if things go better than expected), and conservative (what if things aren't so great) scenarios. You'll apply % changes to income and variable costs, while your fixed costs roll over from your Current Year plan. Here, you'll see how each scenario affects profit and you'll adjust allocations to reflect those scenarios.

This sheet offers a visual overview of your work. The charts will compare prior-year vs. current-year spending and profit use, and show how allocations shift across scenarios. This is a great resource for owner reviews, team meetings, or anytime you need a quick reference.

Short guided prompts that will help you reflect on your decisions as you work through this tool. You'll reflect on things such as sales support, overhead health, gross profit, and whether your allocations align.

(Goldilocks Heating & Cooling Co.) - A completed workbook using our sample company, Goldilocks, to help guide you through your own personal process.