21+ Simple Balance Sheet Formats
Need accounting tools? Looking for a simple balance Sheet Template isn’t so simple. There is an unlimited supply of templates you can download online and even from this site. To make it easier for you, here is a collection of formats or guidelines for simple balance sheets. Balance sheets can seem like the end-all, be-all of personal and company accounting tools. It is a document that presents all your assets, liabilities, and capital at any given point in time, giving a detailed overview of your financial standing on print.
To help you make one, or simply understand one, take a look at these basic balance sheets you can download as PDF references for free.
Balance Sheet Template
Simple Balance Sheet Template
Monthly Balance Sheet Template
Quarterly Balance Sheet Template
Proforma Balance Sheet Template
Sample Balance Sheet Template
Quarterly Balance Sheet Template
Monthly Balance Sheet Word Template
Personal Balance Sheet Excel Template
Trial Balance Worksheet Template
Printable Trial Balance Template
Expense Sheet Template
Simple Daily Cash Sheet Template in iPages
Price Sheet Template in Excel
Vertical Balance Sheet Format
Bank Balance Sheet Format
Company Balance Sheet Format
Provisional Balance Sheet Format
Projected Balance Sheet Format
Accounting Balance Sheet Format
Personal Balance Sheet Format
Standard Balance Sheet Format
What Is a Balance Sheet?
A balance sheet is a kind of financial statement that is often required of your company—if you have one—but it is also important to have as an earning individual. For a given accounting period it measures your liabilities, assets, and shareholder equity. It is called a “balance” sheet because you have to make sure your assets at least equal the liabilities plus the shareholder’s equity.
Why Do I Need a Balance Sheet?
If you don’t already think you need one, you might be in need of it the most. Balance sheets should help you manage your company’s or your own financial standing. Without one, it is easy to steer all budgeting out of control.
Why Do They Keep Asking Me for This Sheet?
Shareholders, investors, and other managers will usually ask to see this financial statement to know where your company is currently. Using a Pro Forma Balance Sheet, you can also show them where the company is headed. A pro forma statement projects the future status of your company given that some circumstances hold true—for example, if you fulfill a planned transaction, where would that bring your company?
Simply by filling out a Balance Sheet Template, you can find out at a glance what your company’s net worth really is.
How Do I Get Started?
Download a Budget Sheet Template, or any of the above balance sheets for reference, depending on your needs. We offer all forms and document templates free of charge. These samples are available to download as PDF references. Even if you don’t have a head for numbers, you’ll appreciate the simplicity and the completeness of these templates.
Some of the options you might find most useful:
- There is a Company Balance Sheet Format for business purposes and a Personal Balance Sheet Format to find out your personal net worth.
- Use the Projected Balance Sheet Format for a good pro forma outline.
- If you want to run all the numbers down at once, use the Vertical Balance Sheet Format. This format lists all your assets, liabilities, and equities in a single column.