Balance sheets

Don’t spend hours creating a complicated balance sheet from scratch. Get ahead by customizing an Excel balance sheet templates with your business financials. Save time with templates that automatically include accountancy formulas to calculate total assets and liabilities.

Ask Microsoft Copilot in Excel to generate graphs and charts to visualize year-over-year financial performance linked to data. Let Copilot analyze data for future trends and forecasting or create new formula columns for further data-based insights.

Add up total assets, liabilities, and equity with calculated formulas in Excel. Reduce human error and ensure account totals are always up to date and accurate. When you change an amount in a source cell, the rest of the workbook updates automatically.

See how different financial decisions like adding more debt or buying new inventory could change your company’s balance sheet. Easily duplicate your current balance sheet to create alternate business scenarios for gauging the potential impacts on financial performance.

1. Choose a balance sheet template as a starting point  

2. Add or subtract rows in the assets, liabilities, and equity tables to reflect your accounts  

3. Enter balances for all accounts on corresponding rows  

4. View the summary table to verify total assets equals total liabilities and equity  

5. Add columns to track balance sheets at different points in time