This template is useful to provide accounting and finance teams with a model with which to break down and analyze the movement of equity items over a given period. This is useful for professionals, Business managers and accountants who want to create a reconciliation of changes in equity structures.
What is equity reconciliation process ?
As per Cleartax, Statement of Changes in Equity is the reconciliation between the opening balance and closing balance of shareholder’s equity. It is a financial statement which summaries the transactions related to the shareholder’s equity over an accounting period.
How do you reconcile owners equity?
How to download & use Equity Reconciliation Report 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 WinZip, WinRAR or 7Zip decompressing software. Once extracted, you can open the file using Excel and start entering data or customizing the template.