Classified balance sheet template Excel
Classified balance sheet template Excel
This article provides details of template Excel classified balance sheet that you can download now.
The balance sheet is a table presented in the company's annual accounts. It shows its heritage at a given moment, that is to say what it owns and what it owes. It breaks down into two columns, asset and liability, and is read from top to bottom. The assets show what the company has and are classified as more stable or more liquid (depreciation, stocks, receivables ...).
The liabilities show the company's debts and are classified by maturity, from long-term debts to short-term debts (share capital, supplier debts, bank debts, etc.). The share capital is effectively a debt for the company since it belongs to the partners. The balance sheet is used to validate the financial health of the company, but there are other balance sheets, such as the functional balance sheet or the financial balance sheet that highlight other elements.
Microsoft Excel software under a Windows environment is required to use this template
These templates Excel of classified balance sheet work on all versions of Excel since 2007.
Examples of a ready-to-use spreadsheet: Download this table in Excel (.xls) format, and complete it with your specific information.
To be able to use these models correctly, you must first activate the macros at startup.
The file to download presents three templates Excel of classified balance sheet
A classified balance sheet gives information about the assets, liabilities, and shareholders' equity of an entity that is classified into subcategories of accounts. It helps the user to organize the information into a format that is more readable when compared to a balance sheet that lists all the accounts. When information is grouped in this manner, the user can extract information more readily which is more helpful in the case if an overwhelming number of line items were presented. The most common classifications used within a classified balance sheet are:
- Current assets
- Long-term investments
- Fixed assets (or Property, Plant, and Equipment)
- Intangible assets
- Other assets
- Current liabilities
- Long-term liabilities
- Shareholders' equity