Download the simple balance sheet format in Excel and Spreadsheet. This is one of the simplest and easy to use and update balance sheet format available at Excel Downloads.
The Balance Sheet is a statement that shows the financial position of the business or an organization at any point of time. It records the assets and liabilities of the business at the end of the accounting period after the preparation of trading and profit and loss accounts.
Why is balance sheet essential ?
Balance sheet is essential for any company to know the current financial position, compare it with the previous financial positions. Furthermore, balance sheet is a document which can allow external stakeholders to understand the affairs of the company in a professional manner. External Stakeholders like banks can easily assess the financial position of the company and grant loans and credits.
Also, Investors can analyze the overall performance of the business. This can be done by simply having a traditional analysis of the balance sheet. This can also be done with financial ratios like current ratio, quick ratio etc. You can find these ratios in this excel templates as well.
About this Free Excel Template for Simple Balance Sheet
Empower your business finances with balance sheets that show year-to-year comparisons, increase or decrease in net worth, assets and liabilities, and more. Also, Determine equity and make more informed business decisions.
You can also complete with balance sheet examples to get you started, this template is easy to use and customize. Furthermore, With a balance sheet template, Excel lets you do more in less time. You can also explore other balance sheet templates available at Excel Downloads –
- Simple balance sheet format for small and medium business owners
- Blue balance sheet format downloadable excel template
- Financial Ratios and working capital computation Excel Template
- Balance sheet and ratios computation excel template
- Balance Sheet with ratios for business and organizations excel template
Download and Use Simple Balance Sheet Free Excel Template
To use this free excel template, you should have Microsoft Office/ Microsoft Excel installed in your system. After installing Excel or Spreadsheet, download the zip file of this template, extract the template using WinRAR or 7Zip or buy WINZIP decompressing software. Once extracted, you can open the file using Excel and start entering data or customizing the template.