Balance Sheet Template
A balance sheet shows what the business owns, what it owes, and what is left over for the owners, at a single moment in time. This template lays out all three in the standard order and checks the one rule that has to hold: assets equal liabilities plus equity.
It is built for two periods side by side, because a balance sheet on its own says very little. Cash of $48,000 means one thing if it was $31,000 last quarter and something else entirely if it was $90,000. The template calculates the change and the percentage change for every line, so the story is in the movement rather than the level.
The structure follows the convention: current assets, then non-current assets, then current liabilities, non-current liabilities and equity. Accumulated depreciation is entered as a negative number against the assets it reduces. At the bottom, a check row compares total assets with total liabilities plus equity for both periods and tells you the exact amount if they disagree — which is usually faster than hunting for it.
A second tab derives the ratios that only a balance sheet can give you: working capital, current ratio, quick ratio, debt-to-equity, equity ratio and net debt. Nothing to fill in there — it all pulls from the first tab. It also compares each ratio with the prior period and says in plain words whether short-term cover and leverage improved or worsened.
The template gives you a clean structure; keeping it true is the harder part, since every number has to come from reconciled accounts. Finmap maintains the underlying positions — cash, receivables, payables, debt — continuously, so building a balance sheet is a matter of reading them rather than reassembling them.
