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Items to Note The main purpose of this conversion is to get your data ready for the following tax year. Therefore, viewing a Form 1040 or business equivalent form will not display the same results
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Proformaed is a financial statement that outlines the projected income and expenses of a business.
Business owners and individuals seeking financing or investment may be required to file proformaed.
Proformaed can be filled out by projecting future financial data based on current financial information and market trends.
The purpose of proformaed is to provide a snapshot of a business's financial future and to assist in decision-making and planning.
Proformaed typically includes projected revenues, expenses, profits, and cash flow.
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