A balance sheet is a financial snapshot of your business at a single point in time. It lays out what you own and what you owe, and tells you your business’s net worth. Instead of paying an accountant to prepare one, you can use this ready-made spreadsheet template as a starting point — just plug in your account balances and it automatically computes every subtotal and total, and confirms whether your balance sheet balances.
The template is set up as an example for a sole proprietorship, but you can adapt it in minutes for a corporation or partnership. Add or delete account titles, revise the format, or otherwise tailor it to fit the way your business is organized.
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Balance Sheet TemplateMicrosoft Excel worksheet · reusable
- Download the spreadsheet once and reuse it as often as you need.
- Includes every essential line item you need to prepare a balance sheet.
- Fully customizable — quickly add or remove items or revise the format to match your business.
- Easy to use — just enter your numbers and it computes all subtotals and totals, and tells you if the sheet doesn’t balance.
Plug in your account balances — the worksheet handles the math.