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Excel template statement of financial position

Télécharger Excel template statement of financial position

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Excel template statement of financial position

This article provides details of Excel template statement of financial position that you can download now.

Microsoft Excel software under a Windows environment is required to use this template

These Excel template statement of financial position 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 four templates Excel template statement of financial position:

  • Excel Financial Statements Template

This template enables users to compile comprehensive financial statements in accordance with International Financial Reporting Standards for Small & Medium Enterprises (IFRS for SME's) based on any trial balance regardless of the account structure. The financial statements are compiled by linking each account in the trial balance to a pre-defined financial statement reporting class and all the amounts that are included on the financial statements are automatically calculated based on the linked reporting classes. The template also facilitates including financial information which is not derived from a trial balance and can easily be rolled forward or back by simply changing the reporting year in a single input cell.

Financial statements template

The profit and loss statement is a summary of a business’s income and expenses over a specific period. It should be prepared at regular intervals (usually monthly and at financial year end) to show the results of operations for a given period.  

Calculating the cost of goods sold varies depending on whether the business is retail, wholesale, manufacturing, or a service business. In retailing and wholesaling, computing the cost of goods sold during the reporting period involves beginning and ending inventories. This, of course, includes purchases made during the reporting period. In manufacturing, it involves finished-goods inventories, plus raw materials inventories, goods-in-process inventories, direct labour, and direct factory overhead costs.

In the case of a service business, the revenue is being derived from the activities of individuals rather than the sale of a product and hence the calculation of cost of goods sold is a smaller task due to the low-level use of materials required to earn the income."

  • Tow Advanced Excel Financial Statements Template