15+ Balance Sheet Templates

A balance sheet template is unique document specially created for the purpose of analyzing current position of any business, company or organization. It describes about all assets such as cash and also explains about fixed assets including buildings, equipment, liabilities and other related circumstances. This document provides all information about cash flow during any transactions and also referred as statement of financial position. A balance sheet offers net values and snapshot of the company’s account at the time of evaluation. It also gives idea to the owners by describing about financial position and capability of their company. Usually, this sheet plays an important role in business and consider as a key element for obtaining knowledge about financial condition of a business. Preparing a balance is the best way to track useful details. If you are finding ways of time saving then use our offered ready to use formats for conveniently preparing a balance sheet.

Importance of Balance Sheet

Balance sheet template is a format which can explain you in details about the picture of your financial health. It makes sure your assets are sufficient against liabilities how you can offset your current liabilities with current assets. If you wish to see your net worth in one minute then you should probably see your balance sheet. There are other names of this format like a financial statement, yearly financial statement or net worth statement. This is because you haven’t heard its true name which is balance sheet. It reflects your financial strength or weakness on a specific date which means, at that point of time, what you hold and where you have to pay. Usually, companies preferred to prepare it on the 1st of every January each year to understand financial standing of the company. You can compare it with previous year’s pictures and then make promptly analysis of the financial progress. It confirms whether your organization is growing financially or not.

Benefits of Balance Sheet

A perfectly designed or prepared balance sheet is nothing more but a handy tool. By adopting a professional format, you can take countless benefits not only for preparing but also for different other analysis. A few advantages are given below for your ease;

1- A good professional format make it possible to learn and understand your business’s financial strength.

2- This format not only beneficial for yourself but also for management to take appropriate decisions.

3- A professional format will make sure you get accurate picture of your firm because only true figures can confirms whether you are getting profit or loss.

4- Based on financial strength, either you or management can decide whether to borrow money on short term or long term basis. The decision of short term or long term is not as simple as looks like because it can cost huge interest expense to company. Nevertheless, decision will have to make for financial progress.

5- A part from owner, management and staff, there are other stake holders which required information about financial growth. This format helps them in accessing such information in very positive way.

6- Financial investors and share holders both are very keen while investing. They gather information for every possible way to know and learn actual financial position. A professional balance sheet format can help you in providing accurate information for those investors. Thus enabling them to make a decision of investment in your organization.

7- There is a section of special note which is given for contingent events which can cause sudden loss or profit to organization. Based on this uncertain condition, the image of organization can get poor reputation. Therefore, on this segment, such information can be provided to avoid certain loss of goodwill.




Balance Sheet Template Word

Nowadays, industries, companies, and organizations are using balance sheet templates to understand their current financial status. It is prepared in MS Word and provides financial knowledge of any business which is further used by accountants and business owners as a helpful material. The information obtained on the balance sheet is relevant only to the period for which it was prepared and published.

Source : www.wordstemplates.org

Rating 4 out of 5

Balance Sheet Template Excel

A balance sheet template prepared in MS Excel plays an important role in organizing key financial statements about current assets and liabilities. It is essential to know about the significance of a balance sheet before using it to prevent any type of obligation. You can conveniently mention other crucial details about accounts on a balance sheet to easily get information at the time of requirement.

Source : templatelab.com

Rating 5 out of 5

Free Balance Sheet Template

A free balance sheet template in MS Word is provided here in order to give you ease of using it. The simple user of MS Word can use this format in a very comfortable way and he/she doesn't need to get training before using or editing this format. The upper side of this template includes the asset list and details, while the lower part defines your liabilities. You can add or delete rows as per your comfort. Once you have completed all the details in this format, you can print it at once.

Source : templatelab.com

Rating 5 out of 5

More Templates

Printable Balance Sheet Template

Source : templatelab.com

Rating 5 out of 5

Blank Balance Sheet Template

Source : templatelab.com

Rating 5 out of 5

Personal Balance Sheet Template

Source : templatelab.com

Rating 5 out of 5

Balance Sheet Template PDF

Source : templatelab.com

Rating 5 out of 5

Simple Balance Sheet Template

Source : templatelab.com

Rating 5 out of 5

Balance Sheet Template Free Download

Source : templatelab.com

Rating 4 out of 5

Vertical Balance Sheet Template

Source : templatelab.com

Rating 4 out of 5

Professional Balance Sheet Template

Source : templates.office.com

Rating 4 out of 5



Additional Information

Advantages of Balance sheet Templates

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Rich Benefits

1- Get an amazing setup without paying any expense from our website.

2- It is a professionally made diversion arrangement having limit out of making extra details.

3- It is an editable course of action and gives probability of different time usage.

4- No need of alteration or any kind of arrangement.

5- Beneficial for managing your stress with a rich style.

6- Eye getting and drawing in design.

7- Able to satisfy your requirements.

8- Get with a solitary click.

9- Equipped with astounding contents.

10- Easily printable and powerful template.