Excel Accounting Template for Small Business Specifications
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Manage your books easier.
Excel Accounting Template for Small Business is a ready to use Excel template to record small business transactions with double-entry bookkeeping method. This version should fit you who run service companies, like salon, consultant, law firm. In services company, there is no cost of goods sold. Format of profit and loss statement is only income/revenue and expenses.
Remember to fill all routine transactions in general journal and adjust them in adjusting journal. General ledger and financial statement will summarize all data automatically. You can find all financial statement format in this excel accounting template for small business. Those are income statement, balance sheet statement, cash flow statement and equity statement. 12 months and 1 year summary format is available. Also, you can use the account payable and receivable section to track your payable and receivable. And, there is a dashboard to analyze your company financial situation.
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