 I have to deal with on the income statement. What I'd like to do is just have income minus expenses basically. And so the easiest starting point might be the trial balance for that kind of report. So I have January and February. Notice the trial balance has the balance sheet on top of the income statement. So I have all my balance sheet accounts cash down to owner's equity and then the income statement starts here at income on down. So I can export this and just delete the balance sheet accounts, leaving me with the income statement accounts. That's what I'm going to do. Now I could do this again month by month, but instead of doing that, I'm going to just take my full two months, not including March here, just the two months of January and February numbers. By the way, you can't really export as easily the trial balance if you wanted to do an income statement period by period because QuickBooks closes out the income statement on a yearly basis. So just be aware of that. You'd have to export the income statement in that case if you wanted to export like a month by month income statement generally. Okay, but for us, we're going to go from 010124 to 022924. So we have two months of data. That's all we have thus far in our business. We're going to imagine that's going to be our starting point for the budgeting process. So let's go ahead and export that to Excel. I'm going to export to Excel. Now I'm going to do some Excel work. I'm going to do it fairly quickly just to give you an idea because it's not an Excel course. But I'll try to go slow enough that if you have some Excel background, then you know, you could follow along with this as well. We'll also give you the end result so that you can just import it to QuickBooks if that's what you would like to do as well. Okay, so hold on. I messed up here. I messed up. There. I messed up. So that's it. Okay, so let's go back. I'm going to close that out and then let's make this back go back to totals only totals only and then I'll export it. Okay, so there we have it. Now we'll export it to do export to Excel. And open it up. Okay, this is going to be my starting point. Alright, so I'll enable editing going to save it. Okay, so now what I'd like to do I'm going to I'm going to scroll in some I'm at 100%. I'm going to hold control and scroll in a bit. Okay, the first thing I tend to do is I like to have the whole thing formatted in the same font. So I have weird different font here from over here. This is eight. And this is eight. But then over here I have 11 and this is bold and this isn't bold. So what I do is I'm going to start with my baseline Excel font, which is 11. And so I'm and then I'm just going to go to the home tab and paintbrush it on the entire worksheet. So that's my starting point. It changed all the cell references to non numeric cell references. So now I'm going to right click on the whole sheet and format this to my baseline underlying format that I would like, which I usually choose currency. Negative numbers bracketed. I'm not going to get any the dollar signs. Let's remove it. And then I don't really need the decimals because it's a budget. It's going to be an estimate. So this will round it, but I'm just going to remove the decimals. So it's a little bit easier to see and OK. I'm going to make the entire sheet bold, which I think is easier to see in a screen recording. Home tab font group bold. You don't have to do it bold on your end if you don't want to do that. All right. So then I don't need the header. So I'm going to put my cursor from one down to four. I'm just going to delete all of that there. I don't even need the debit and credit thing. I don't need the debits and credits. Let's get rid of that right click and delete. Get out of here. And then I'm going to go down below. I don't need the totals. So wow, they did it with a long formula. That is interesting. I'm going to put my cursor on 50 on down. I don't need those for the double checking. I'm going to right click and delete that. Now I'm going to delete all of the balance sheet accounts. Now if I have a problem with this, I'll stop saying now. I keep saying now. If I have a problem with this, I can always double check this to what's on my income statement. So I can double check my net income to what is in the income statement. Let's go as of 022924. So I have a check number. And if I mess up, I can always do it again. So I'm going to delete from row one or is that a row? Yeah, rows, not columns, rows one down to owner's equity. That's the entire balance sheet. So the income statement starts on this billable expense income. So I'm going to right click on all that and just delete it. And now all I have is my income statement. So I have the income statement in terms of debits and credits. So notice if I sum this up, right, the credits are here. That's the income basically and the debits are here. If I sum that up, the difference then should be.