Basic Accounting Template
This is the first of our three accounting templates in Excel. Use the basic accounting template if you have a service-based business and do not need to issue invoices. Record income & expenses and the template produces an automated trial balance, income statement, cash flow statement and balance sheet. Accommodates multiple financial years and easy to roll forward or back.
- Suitable for service-based businesses
- Easy to record income & expenses
- Edit default accounts and add as many additional accounts as needed
- Automated sales tax calculations & reporting
- Accommodates multiple bank accounts
- Set any 12 month reporting period & any year-end
- Automated income statement, cash flow statement & balance sheet
- Easy to roll forward or back between financial years