Free Balance Sheet Template
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Free Balance Sheet Template

Post Author - The Toggl Team The Toggl Team Last Updated:

What is a balance sheet?

A balance sheet or statement of financial position is the summary of the balances of an organization (or individual) at a particular point in time.

Get the balance sheet template here.

Main sections of a balance sheet template:

  1. Assets: Assets are everything that a company owns that has future economic value. Assets can include: cash, investments, accounts receivable, supplies, buildings, inventory, equipment, etc.
  2. Liabilities: Liabilities include the company’s obligations and financial debt: all accounts payable, loans, deferreed revenues, accounts payable, accrued expenses, mortgages, etc.
  3. Equity: Shareholder’s equity is part of a company’s liabilities and includes the funds contributed by the owners plus the retained earnings.

Features of this balance sheet:

  • Excel file format: simply use it with Microsoft Excel or Google Spreadsheet
  • Instantly printable: fill out the fields and you’re ready to go!
  • Blank sample: reusable any time you need a balance sheet
  • Intuitive design: clean, simple and professional
  • Fully customizable: add your company details and edit formatting
  • No email, sign-up or any further steps required
The Toggl Team

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