Balance Sheet Google Sheets Template

Preparing a balance sheet is critical for any business. Balance sheets provide essential information about assets and liabilities and the overall financial position of your company. So, if you want a simple online tool to create a business balance sheet, our Balance Sheet Template in Google Sheets is just for you.

Thus, with this Google Sheets balance sheet dashboard, you will be able to keep a record of your assets and liabilities, calculate the equity dynamically, generate a basic financial statement, and present it to you in printable form.

Now, let’s dive into the sections of the balance sheet template in Google Sheets.

Balance Sheet Template in Google Sheets Features

This template is an accounting balance sheet with 3 sections:

Input

In the Input section, you need to enter the assets, liabilities, and equity data of your business. The uncluttered design navigates you and you will fill the Balance Sheet effortlessly.

How can we fill the Assets, Liabilities, and Equity sections?

1. Assets

Assets are valuable resources and possessions that a company owns. Besides, the company may use assets to produce revenue. Therefore, the company can sell the assets or use them to make other assets or reduce costs.

Current Assets: These are the assets that you can turn into cash during the following 12 months.

Non-current assets: These assets are expected to be hold for the next 12 months.

You should list all these info to your balance sheet template in Google Sheets altogether.

2. Liabilities

Briefly, liabilities are debts of a company.

Current Liabilities: These are the debts you plan to pay back in the next 12 months.

Non-current Liabilities: The company doesn’t normally expect to pay the non-current liabilities during the following 12 months.

3. Equity

After subtracting total liabilities from the value of the overall assets, equity is the remaining part of the assets value correspondingly.

After listing all the data in the required sections, Balance Sheet Template will make the dashboard graphs for you.

Dashboard

Secondly, dashboard is the second page of the Balance Sheet Template. Here, you can see financial statements and composition information in the Input section as visualized by graphs eventually.

Also, there are dynamic calculations for the financial ratios of your company.

Print Form

Lastly, you will see the Print Form sheet in this Google Sheets template. So, this sheet provides a printable form of your balance sheet. You can also export your balance sheet as PDF file instantly.

Balance Sheet Template in Google Sheets Summary

• Automatic Balance Sheet Template in Google Sheets
• Keep a record of your assets, liabilities, and equity
• Clean design for your financial statements
• Visual dashboard with graphs
• Works both on Mac and Windows
• Informational notes included
• Ready-to-print
• Available on all devices (mobile, desktop, tablet)