Annual Income Statement Preparation

I’m looking for support preparing an annual Income Statement that is ready for both internal review and submission to my tax professional. All source data—bank statements, receipts, and a basic transaction log—will be provided in Excel and PDF. I have not committed to a specific accounting method, so feel free to recommend the most suitable approach after you review the records.

The finished statement should clearly show revenue, cost of goods sold, operating expenses, and net profit for the full fiscal year, formatted in a way that can be dropped straight into QuickBooks or Xero and exported as PDF for signature. Accuracy, consistency with GAAP, and a clean, professional layout are essential. If you can also include brief notes on any significant variances or red flags you notice while compiling the data, that would be appreciated.

Please outline your timeline and the software you plan to use when you respond, and let me know if you need any additional backup documents before getting started.