Excel template for budget management: Financial Statement Template

The budget represents the financial position of a company over the course of a financial year, every company can draw an overview of its financial situation from this document.

The following Excel spreadsheet provides a budget template that can be useful for small business accounting.

The fields in the tan cells of the spreadsheet are left blank to allow you to enter your asset and liability data, and you can also change the labels for these rows to reflect your asset/liability categories. You can also insert additional rows into the budget template, but if you do so, you'll want to check the formulas (in the gray cells), to make sure they include the figures for any new rows.

The template is compatible with Excel 2010 and later versions.

To download the model click , promising

The functions used within the model are the sum and the arithmetic operators:

• Sum: Used to calculate totals for each category of income or expenses;
• Arithmetic operators: The addition and subtraction operators are used to calculate total assets, total liabilities, and the difference between these two values ​​(= total net worth).

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