Profit and Loss Template
Download the Profit and Loss Template for Excel
When to Use This Template: Small business owners and freelancers can use this profit and loss template to get a high-level summary of business performance and compare financial outcomes over three fiscal years.
Notable Template Features: This template separates revenue, cost of goods sold (COGS), and expenses into color-coded sections to help you quickly assess your financial health. The template calculates net income before and after taxes and includes a customizable tax rate field. You can add rows to accommodate more revenue streams or expense categories, tailoring the template to your business.
Try this template in Smartsheet for easy integration and calculations. For more income and expense reporting options, check out our full collection of small business profit and loss statements, which covers many industry-specific options.
Excel Accounting Journal Template
Download the Accounting Journal Template for Excel
When to Use This Template: Use this accounting journal template to record daily business transactions in one organized place. This accounting template offers small businesses a manual way to track and balance debits and credits without using accounting software.
Notable Template Features: This template includes columns for date, account, description, reference number, debit, and credit entries — everything needed to keep accurate records. The template calculates totals, so you can quickly check if your journal entries are balanced. The simple layout supports consistent documentation across accounting periods.
For more tools that support accounting and bookkeeping, see our collection of small business bookkeeping templates.
Excel Balance Sheet Template
Download the Balance Sheet Template for Excel
When to Use This Template: Use this balance sheet template to get a snapshot of your company’s financial position at a specific point in time. This template is ideal for small businesses, startups, or nonprofits preparing financial statements for investors, lenders, or internal decision-making.
Notable Template Features: This template separates current, long-term, and other assets and liabilities to accurately assess liquidity and financial health. It covers two years for side-by-side comparison and trend analysis. Bonus financial ratio calculations, such as working capital and debt-to-equity, provide enhanced performance analysis.
Manage your income and expenditures, track profitability, and budget effectively for your business with a variety of dedicated restaurant financial templates.
Excel General Ledger Account Reconciliation Template
Download the General Ledger Account Reconciliation Template for Excel
When to Use This Template: This template helps users double-check their accounting records against bank statements or internal financial systems. Use it to catch timing differences, missing entries, or errors that could throw off your ending balance. This tool is especially helpful at the end of the month or quarter when you’re closing the books and you want everything to match.
Notable Template Features: This template allows you to track deposits in transit, outstanding checks, and other unrecorded items. As you enter transactions, the adjusted balance updates automatically to reflect your current records. Totals are displayed at the top of the template to quickly confirm the reconciliation status.
Ensure the accuracy of your financial records and catch discrepancies by using a range of customizable bank reconciliation templates.
Excel General Ledger Template
Download the General Ledger Template for Excel
When to Use This Template: Use this general ledger template to record detailed financial transactions by account over a specific accounting period. Track debit and credit activity across multiple accounts and monitor account balances for accuracy.
Notable Template Features: This ledger organizes transactions by account number and includes columns for dates, descriptions, post references, and debit or credit entries. Each section displays running totals for both debit and credit balances to help you identify discrepancies. The structured layout allows you to segment multiple accounts in one worksheet while maintaining clarity.
See our full selection of general ledger templates for more options.
Excel Cash Flow Statement Template
Download the Cash Flow Statement Template for Excel
When to Use This Template: Small to midsize businesses can use this cash flow statement template to track cash inflows and outflows across operations, investing, and financing activities. You can analyze business liquidity and reconcile movements in cash over different time periods.
Notable Template Features: This template includes three separate tabs for flexibility: one for a standard annual view, one for three-year comparison, and one for detailed 12-month tracking. The template automatically calculates net cash flow in each section and reconciles beginning and ending cash balances. These features allow for high-level and granular insight into cash activity over time.
Excel Cash Flow Forecast Template
Download the Cash Flow Forecast Template for Excel
When to Use This Template: Use this cash flow forecast template to plan, project, and monitor your business’s cash position over a 12-month period. This tool can help users manage seasonal fluctuations, prepare for funding rounds, and compare actual performance to forecasts.
Notable Template Features: This template organizes cash receipts and payments by category, giving you a clear view of operating, investing, and financing activities. It calculates monthly net cash changes and automatically updates the ending cash position. The template also highlights fluctuations across the year, making it easier to identify cash flow trends or anomalies.
Excel Chart of Accounts Template
Download the Chart of Accounts Template for Excel
When to Use This Template: This chart of accounts template helps you organize and categorize all accounts used in recording financial transactions. Whether you're starting a new accounting system or updating an existing one, this spreadsheet provides a clear framework.
Notable Template Features: This template offers space to enter account numbers and descriptions alongside account types and their corresponding financial reports. The format works well for customizing a chart of accounts to match your business’s industry, size, or reporting needs.
Excel T-Account Template
Download the T-Account Template for Excel
When to Use This Template: This T-account template allows users to record and visualize individual account activity using double-entry bookkeeping. It works well for breaking down general ledger transactions into debit and credit sides, especially when troubleshooting discrepancies or reviewing account balances.
Notable Template Features: This template includes multiple side-by-side T-accounts on a single sheet, allowing you to compare several accounts at once. There is space to provide the date, transaction details, and amount for each T-account, along with automatic debit and credit totals. The clean visual structure puts the focus on transaction flow and balance tracking for each account.
Excel Trial Balance Worksheet Template
Download the Trial Balance Worksheet Template for Excel
When to Use This Template: Use this trial balance template to verify that your total debits and credits match at the end of an accounting period. This template helps users identify discrepancies in the ledger before preparing formal financial statements. It's a practical tool for bookkeepers, accountants, and small business owners who need a clear snapshot of account balances.
Notable Template Features: This worksheet includes space for beginning balances, debits, credits, and ending balances for each account. The template organizes data by account name and type to make classification and review easier. Built-in formulas help to confirm the ledger is balanced.
Excel Small Business Accounting Template
Download the Small Business Accounting Template for Excel
When to Use This Template: Designed as an all-in-one tool for managing small business finances, this template is a good fit for business owners and managers who don’t use accounting software but still want a clear way to record income, expenses, and overall financial well-being.
Notable Template Features: This template has all of the basic accounting features in one place. It has sections for income, expenses, accounts payable, and accounts receivable. It also provides a simple profit and loss summary statement. It is easy to customize to your business’s needs.
If you need more ways to track daily accounting tasks, check out our collection of small business bookkeeping templates that cover everything from expense tracking to income statements.
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