Simple Bookkeeping For Small Business – We’ve collected 23 of the best accounting templates for small business owners. Each template is free to download, print and fully customizable to meet your business needs.
On this page, you will find many accounting templates including a cash book template, a business expense chart, an account statement template and an income statement template.
Simple Bookkeeping For Small Business
Record debit and credit transactions in this two-column cash book template to keep track of your cash balance. Enter the date, description and amount of each transaction and the template will calculate the subtotal and total cash balance.
Bookkeeping Tips For Small Businesses
Use this balance sheet template to report your business’s assets, liabilities, and equity. The template calculates common financial ratios such as working capital and debt-to-equity ratios. Edit the example rows to list all your current and long-term assets and liabilities, and view subtotals for each category and column.
This trial balance worksheet compares the beginning and ending balances of each of your financial accounts based on debit and credit transactions over a period of time. The template also calculates the total balance and total difference of all accounts. Customize account titles and categories as needed to reflect your specific business.
. If you’re self-employed, include home office expenses and other deductions to help save time during tax season. The template maintains a running subtotal of expenses by adjusting the total with each new entry.
Save time on invoicing with this basic invoice template. Personalize with a logo and business description and enter the invoice number, date, customer ID number and payment terms for each invoice. Fill in the due payment details list and adjust the tax percentage to calculate the total due amount.
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Keep track of all your invoices with this handy spreadsheet. List each invoice by ID number, date, customer name, description and amount. Add the payment date when you receive the transfer. The template returns a running total each time you enter a new account and calculates the total amount paid to date.
This account statement template shows all financial transactions between your business and a customer over a period of time. The template provides an account summary with the customer’s past balance, credits, current charges, outstanding balance, and due date. Customers also get a detailed list of charges and credits, including invoice numbers, dates and amounts.
Track your current inventory value and determine cost of goods sold with this inventory tracking template. List physical inventory by item number, name, description, type and location and record purchases with date of purchase, seller and price. Compare the number of items sold with your monthly sales figures to ensure your inventory tracking sheet matches actual sales.
This template includes a ledger to track customer payments and an receivable age tab to track outstanding payments. The template automatically populates the accounts receivable aging sheet after you populate the payments journal. Add invoice terms, amounts and amounts received to view current and past due balances.
A Small Business Owner’s Monthly Bookkeeping Checklist — Savvy Bird Consulting
This accounts payable template helps you keep track of what your business owes to its vendors. List the balance due, payment made and supplier name, invoice number and amount. The template subtracts payments to show the current balance of each line item and displays the total amount paid by all vendors at the top of the table.
This basic cash flow statement tracks the movement of money in and out of your business and compares financial data between periods. The template provides examples of cash receipts, payments, operating expenses, and overhead expenses. Use this template to review each item and determine the total month-end cash position for each period.
Create a detailed report that displays quarterly cash flow forecasts. This template allows you to track the difference between your projected and actual cash position for each month and calculate gross cash payments and net cash changes.
This simple yet comprehensive template allows you to create a 12-month cash flow forecast for your small business. Spreadsheets include monthly columns that record projected and actual cash flows. List cash receipts and cash disbursements to see your estimated and actual cash position for each month.
Small Business Bookkeeping Spreadsheet For Usa Businesses With
Review income, expenses and net income before and after taxes with the Income Statement Template. When calculating net income, the template calculates all sources of income and business expenses. Examples of revenue sources include sales, services rendered, and interest Business expenses include advertising, office equipment, insurance, utilities and depreciation.
This profit and loss dashboard template provides a visual overview of financial data, including gross business revenue, cost of goods sold, gross profit, earnings before interest and taxes, and net income. Get a snapshot of your monthly profit and loss statement by entering your financial information and selecting the month you want to view on the dashboard.
Record debit and credit transactions and balances for multiple accounts in this accounting journal template. Edit the account details and list of codes to match your business account. The template includes space to record a trial balance, adjusting entries, adjusted trial balance, income statement, and balance sheet for each account.
Track business expenses like transportation, entertainment, lodging, and meals with this expense report template. Mark the time frame at the top of the table and list all costs with the date of each transaction. The template provides space to add notes or details as needed.
Free Bookkeeping (accounting) Services Agreement
Create a complete record of all financial accounts listed in your general ledger. For each account, include a code, a brief description, and the type of account, such as asset, liability, equity, or expense. The template also lists the financial statements associated with the account, such as a balance sheet or income statement, and indicates whether a debit or credit increases the amount in the account.
Reconcile financial accounts by creating transaction records to compare with your bank statements. This reconciliation template includes sections to record deposits of checks in transit and outstanding, and it automatically calculates your statement balance. Duplicate the template to create an ongoing monthly report
For relevant templates, including reconciliations of petty cash and general ledger accounts, see our collection of free reconciliation templates.
This budget template includes tabs for recording income, expenses, and cash flow. Make a list of income sources and business expenses. By adding up the amount received or spent for each item, the template calculates monthly and yearly totals. Use the cash flow tab to record transactions and monitor your cash balance.
Bookkeeping To Run Your Business
Use this mileage log template to track business vehicle usage and mileage costs. The template includes columns for trip dates and destinations, start and end points, odometer readings, and total miles. If you are using this sheet to reimburse employees, enter the reimbursement rate at the top of the template to determine the total amount owed.
Track employee hours and calculate weekly pay. This timesheet template includes break time, regular and overtime hours, sick days, vacation time, and holidays. Enter the start date of the week at the top of the template and the dates will automatically populate the timesheet. View hourly rates, total hours and total billing for each day and week.
This payroll register template includes a pay slip and employee information register that can help you process payroll. The payroll tab shows payments and withholdings for an individual employee, while the ledger lists the employee’s job title, wages, vacation and sick pay, and pay schedules. It also shows deductions before and after taxes such as 401(k) contributions and insurance, as well as federal and state taxes.
Documents that help you track and manage financial data and business performance. For small businesses, templates provide an easy way to record payments and expenses, create financial statements, process payroll and prepare tax returns.
Small Business Accounting Guide [step By Step]
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Often we see small business owners make the mistake of creating a new account for every product they list. This practice leads to unnecessary gaps (for example, an account that is used one month and then continues to show as 0.00 in subsequent months), and it escalates.
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