We earn commission when you buy through affiliate links.
This does not influence our reviews or recommendations.Learn more.
Balance sheettemplates not only save time but are accurate too.
Furthermore, balance sheet templates allow easy comparison of financial data over time.
This improves the process of financial analysis and decision-making.
Geekflare has created this list of free customizable balance sheet templates to help you better track your finances.
you’ve got the option to trust Geekflare
Imagine the satisfaction of finding just what you needed.
Microsoftlets you search for professional design templates on various topics, styles, or colors.
It allows you to customize templates with text, design, or video elements as per your brand style.
Microsoft 365 Features
Microsoft365s templates are completely free to download and easily customizable.
Wise
Wise is a global financial technology company popularly used as foreign exchange.
The platform allows you to keep multiple currencies in one account.
It helps businesses to connect to their customers from all over the world.
Wise Features
All three balance sheet templates from Wise are completely free to download.
Wise allows seamless integration with Xero onlineaccounting, which will help your business grow.
Smartsheet
Smartsheetis a powerful software that helps businesses and teams manage projects, automate processes, and scale programs.
Smartsheet provides a free balance sheet template for businesses to review their financial goals and position.
The balance sheet template by Vertex42 helps your business track its net worth at a given point.
FreshBooksis best for freelancers, professionals, and businesses.
you’re able to easily manage your financial numbers withFreshBooks balance sheet template.
Check out our detailedFreshBooks reviewfor more information.
Wolters Kluwer provides solutions, services, and professional information with its advanced technology to help businesses.
Xero
Xerois an excellentaccountingsoftware for accountants, small businesses, and bookkeepers.
Some of the platforms features are it helps you pay bills and claim expenses.
Bank connections and more.
It will help you track your business numbers as and when you want.
You will get your template in your email.
For mor information on Xero, check out ourreview of Xero Accounting.
Clockify is available for Chrome, Linux, Edge Mac, Windows, Linux, Android, and iOS.
Spreadsheet 123 provides budget spreadsheets, retirement savings, Balance sheet spreadsheets, and business templates.
The template will then be sent to your email from where you’re free to download it.
It was created byZoho Corporationand provides several features to help companies of all sizes with their financial management.
Tools for managing invoices, keeping track of spending, and balancing bank transactions are all included inZoho.
Furthermore,Zohosimplifies repetitiveaccountingduties, including managing financial documents, recurring invoicing, and bill payments.
In addition to offering integration options with otherZohoapps and outside providers, it facilitates multi-currency transactions.
Zoho Features
Zohos Balance Sheet Template is available free of cost and easily downloadable.
It is part of SCOREs suite of resources to support business development and growth.
Score Features
Score Free Template is free and is available to download as anExcelsheet.
Conta
Conta Balance Sheet Template is a free,open-sourceaccountingtemplate designed for personal and small business use.
It can be downloaded as anExcelspreadsheet with features including financial summary, income tracking, and cost classification.
With Conta users can create basic financial reports and modify the template to meet their uniqueaccountingrequirements.
Although it lacks the sophisticated functionality offered in completeaccountingsoftware, Conta Free Template may handle basicaccountingduties.
Conta Features
Conta Balance Sheet Template is free, with no time-consuming barriers or sign-up forms.
What is a Balance Sheet?
A balance sheet is a companysfinancial statementthat lists its assets, equity, and liabilities.
Assets account for everything a company owns, like money in the bank, investments, and physical capital.
Liabilities are everything that a company owes, such as debts.
Lastly, equity is a companys net worth.
It helps to provide helpful insight into a companys finances and allows comparing competitors.
Current assets can be converted into cash easily within one year or one business cycle.
Noncurrent assets are fixed assets or items that cant be liquidated within one year or one business cycle.
Examples of noncurrent assets are fixed, intangible, and long-term investments.
Liability:Similar to Assets, Liability has two types: current and noncurrent.
Current liabilities include an amount that needs to be paid within one year.
Some examples of current liabilities are salary, wages, interest, customer prepayments, dividends, andaccounts payable.
Noncurrent liability consists of payments your company must pay in more than one year.
Equity:Equity is capital contributed by shareholders to the business.
Equity consists of paid-in capital and retained earnings.
