Balance Sheet

You can create a balance sheet for one date to get a snapshot of all of your assets at that moment. Or, you can
use two dates and the template will automatically show how the balance sheet changed from the first to the
second date. You could also use one (or two) time periods, such as monthly or quarterly. If you do, use
numbers from the last day of the period.

Once you’ve chosen the dates, review your financial records to fill out the balance sheet. Fill in the totals on
the given date for each row. For example, the total money you have in your business bank accounts and in
cash on the date goes next to cash under current assets.

If you’re unsure of a specific number, you can estimate the total revenue or expenses during the period.

The cells that have $0.00 already filled in will automatically update as you fill out the form.

At the bottom of the template, your total assets, liabilities and equity will also automatically update. When
you complete the balance sheet, the total of your liabilities plus equity should equal your total assets. If they
don’t, try to figure out which numbers may be too high or low.
BREAK-EVEN ANALYSIS

Category Cost Per Unit

VARIABLE COSTS
Raw materials 50

Direct labor (includes payroll taxes and benefits) 250

Returns and refunds $25.00
Sales commissions $30.00
Total Variable Costs $355.00

FIXED COSTS
Salaries, payroll and benefits
Training
Contractors
Professional services
Office supplies
Repairs and maintenance
Advertising
Travel
Telecom
Rent (buildings)
Rent (other)
Utilities
Insurance
Licenses and permits
Interest expenses
Income taxes
Other expense 1
Other expense 2
Other expense 3
Total Fixed Costs $410.00

SALE PRICE OF THE UNIT $1,500.00

AUTOMATICALLY CALCULATED FIGURES
AND BREAK-EVEN POINTS

CONTRIBUTION MARGIN $1,145.00

CONTRIBUTION MARGIN RATIO 76%

BREAK-EVEN POINT IN TERMS OF UNITS SOLD 0.36
BREAK-EVEN POINT IN TERMS OF SALES $537
 Notes and Descriptions
Use this template to find the point when a business will start making money from a single product, service or
product/service line.

The direct material and labor costs associated with creating one unit of the product or service being analyzed. Only include the
costs (or portion of the costs) that are connected with creating a single "unit" of the product or service.
Cost of the raw material used to create a single unit of the product or service.

Labor costs required to create a single unit of the product or service. For example, if you pay a worker $100 a day, and it takes
half a day to complete a product, the labor cost is $50.
Money paid for returns or refunds.
Money paid to salespeople based on the number of units they sell.
The total of the all the direct costs, or cost of goods sold.

Costs that do not change based on how many units the business creates.
Wages, payroll taxes and benefits for workers who aren't part of the direct labor force.
Money spent on trainings or seminars for employees.
Money paid to contract workers.
Money paid to professional service providers, such as attorneys or accountants.
Expenses related to running an office, such as cleaning supplies and printer paper.
Expenses for repairs or maintenance of equipment and buildings.
Cost of advertising and marketing campaigns.
Business-related travel. Include the cost of transportation, accommodations and meals.
Phone and internet service.
Rent paid for the business's buildings.
Other rental expenses, such as for equipment or vehicles.
Utility bills, such as heat and water.
Total for all the business's insurance policies.
Total you've paid for business licenses or permits.
Interest paid on loans or lines of credit.
Total local, state and federal income taxes paid.
An expense that doesn't fit into one of the above categories.
An expense that doesn't fit into one of the above categories.
An expense that doesn't fit into one of the above categories.

Fill this in with the sale price of the product or service being analyzed. Change the price to see how it affects your
break-even points.

The sale price minus the variable costs per unit. If this is negative, the business is losing money on each sale.
The sale price divided by the variable costs per unit. This is the percentage of each sale that covers the unit's
variable costs.
The number of units that need to be sold to offset the cost of creating the product/service.
The amount of money that needs to be earned to offset the cost of creating the product/service.
Balance Sheet

Category Date 1 Date 2 (optional)

Add up the total value as of the date, or the last day of

Assets the period, you chose.
CURRENT ASSETS
Cash
Accounts receivable
Inventory
Prepaid expenses
Other current assets
Total Current Assets $0.00 $0.00

FIXED ASSETS
Furniture
Machinery and equipment
Vehicles
Land
Buildings
Other fixed assets
Depreciation
Total Fixed Assets $0.00 $0.00

OTHER ASSETS
Intangibles
Security deposits
Other
Total Other Assets $0.00 $0.00

TOTAL ASSETS $0.00 $0.00

Add up the total value as of the date, or the last day of

Liabilities the period, you chose.
CURRENT LIABILITIES
Accounts payable
Taxes payable
Wages and salaries payable
Customer deposits
The current portion of debt payments
Interest payable
Total Current Liabilities $0.00 $0.00
LONG-TERM LIABILITIES
Long-term debts
LESS: the current portion of debt payments
Rentals or leases
Other long-term debt
Total Long-Term Liabilities $0.00 $0.00

TOTAL LIABILITIES $0.00 $0.00

Add up the total value as of the date, or the last day of

Owners' Equity the period, you chose.
OWNERS EQUITY
Common stock/partners' equity
LESS: Owners' draws
Net Income
Retained earnings
Total Owners' Equity $0.00 $0.00

TOTAL LIABILITIES AND EQUITY $0.00 $0.00

TOTAL ASSETS $0.00 $0.00
$0.00
Change (optional)

$0.00
$0.00
$0.00
$0.00
$0.00
$0.00

$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00

$0.00
$0.00
$0.00
$0.00

$0.00

$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00

$0.00

$0.00
$0.00
$0.00
$0.00
$0.00

$0.00
$0.00
 Notes and Descriptions

A balance sheet can give you a snapshot of your business's finance. Choose a specific date or use numbers from the end of a
time, such as the last day of a month. If you want, you can compare the results from different periods.

Assets are worth something today or will provide the business value later.
Current assets are cash and items that the business plans to use or sell within a year.
The money in business bank accounts plus any cash the business has outside of a bank account.
Money that other business or people owe the business for services/products that have already been sold.
Products, materials and other items that the business owns and plans to sell within a year.
Expenses the business paid for services ongoing or future services. For example, prepayments for an insurance policy.
Any current assets that don't fit in one of the other categories.
The total of the all the current assets.

Fixed assets are physical assets that the business will use for more than a year.
The furniture the business owns.
The machinery and equipment the business owns, including computers.
The vehicles the business owns.
The land the business owns.
The buildings the business owns.
Any fixed assets that don't fit in one of the other categories.
Use a negative value here. Depreciation is the value of the fixed assets that the business has already used.
The total of the all the fixed assets.

Any other tangible or intangible assets such as intellectual property or investments.

Non-physical assets, such as trademarks or patents, that the business owns.
Deposits the business paid to rent property or equipment that it will receive back later.
Other assets that don't fit any of the other categories.
The sum of the all the other assets.

The total current assets, fixed assets and other assets.

Liabilities are the money that a business owes other people or businesses.
Current liabilities are debts that must be paid within one year.
Money that the business owes others for products or services it received.
The tax payments that are due in the next year.
Wages and salary earnings that are owed to employees and haven't been paid yet.
Money that customers have paid for a product or service that hasn't been delivered yet.
The amount of loan payments and interest that's due in the next year.
Interest that has accrued, but hasn't been paid, and is due in the next year.
The total of the current liabilities.
Long-term liabilities are debts that the business will owe for more than a year.
The total amount principle balance (the amount that was borrowed) that the business still owes.
Subtract the current portion of debt payments from the current liabilities section. Use a negative number.
Equipment or property lease and rental payments, not including the current year's expenses.
The total amount of any other long-term debt that does not fit into the above categories.
The sum of the Bank Loans Payable, Notes Payable to Stockholders, Less: Short Term Position, and Other Long Term Debt fields.

The total current liabilities and long-term liabilities.

The money that’s left over if the business collects everything it's owed, turned its non-cash assets into cash and paid all of its debt.
Money that investors have put into the business in return for equity (i.e., ownership).
Money taken out of the business by its owners. Use a negative number.
An increase in income since the start of the fiscal year -- taken from the profit and loss statement.
A profit that was kept by the company rather than being distributed to the business owners.
The total of common stock and retained earnings.

The total liabilities and owners' equity.

The total current assets, fixed assets and other assets.
The "total liabilities and equity" should equal "total assets"
Profit and Loss Statement

Category Quarter 1 Quarter 2 Quarter 3

Revenue Add up the total value for the period you chose.
Sales
Services
Other revenue
LESS: Returns and refunds
Total Net Revenue $0.00 $0.00

Cost of goods sold

GROSS PROFIT $0.00 $0.00

Operating Expenses Add up the total value for the period you chose.
Salaries, payroll and benefits
Training
Contractors
Professional services
Office supplies
Repairs and maintenance
Advertising
Travel
Telecom
Rent (buildings)
Rent (other)
Utilities
Insurance
Licenses and permits
Other expense 1
Other expense 2
Other expense 3
Total Operating Expenses $0.00 $0.00 $0.00

EARNINGS BEFORE INTEREST AND TAXES $0.00 $0.00 $0.00

Interest expenses
EARNINGS BEFORE TAXES $0.00 $0.00 $0.00

Income taxes
NET EARNINGS/NET INCOME $0.00 $0.00 $0.00
 Quarter 4

eriod you chose.

$0.00

$0.00

eriod you chose.

$0.00

$0.00

$0.00
$0.00
 Notes and Descriptions
The profit and loss statement can give you insight into how your business has done over a period of time. It's also
called an income statement, revenue statement or P&L.

Revenue is the amount of money that a business earns during a specific period.
Money made from selling products.
Money made from selling services.
Money the business makes from other sources.
Subtract the cost for returns or refunds. Use a negative number.
The total money the business makes before expenses.

The direct material and labor costs associated with the products and services above.

Net revenue minus the cost of goods sold. This is also called net sales.

Operating expenses (OPEX) are the additional expenses that it takes to run a business.
Employees' wages, payroll taxes and benefits for labor that isn't directly related to producing goods.
Money spent on trainings or seminars for employees.
Money paid to contract workers.
Money paid to professional service providers, such as attorneys or accountants.
Expenses for office supplies and equipment.
Expenses for repairs or maintenance of equipment and buildings.
Cost of advertising and marketing campaigns.
Business-related travel. Include the cost of transportation, accommodations and meals.
Phone and internet service.
Rent paid for the business's buildings.
Other rental expenses, such as for equipment or vehicles.
Utility bills, such as heat and water.
Total for all the business's insurance policies.
Total you've paid for business licenses or permits.
An expense that doesn't fit into one of the above categories.
An expense that doesn't fit into one of the above categories.
An expense that doesn't fit into one of the above categories.
The total of the above operating expenses.

Also called EBIT, this is the gross profit minus the total operating expenses is the total profit that a business makes before
paying interest and income taxes.

Interest paid on loans or lines of credit.

Also called EBT, this is the gross profit minus the total operating expenses and interest expenses.

Total local, state and federal income taxes paid.

The gross profit minus the total operating expenses, interest and taxes. This is the business's profit.
Cash Flow Statement

Category Period 1 Period 2 Period 3

CASH FROM OPERATIONS

CASH RECEIPTS (INFLOWS) FROM Add up the total value for the period you chose.
Sales
Services
Interest
Other revenue
Total Operating Inflows $0.00 $0.00 $0.00

CASH PAID (OUTFLOWS) FOR Add up the total value for the period you chose.
Returns and refunds
Non-labor cost of goods sold
Salaries, payroll and benefits
Training
Contractors
Professional services
Office supplies
Repairs and maintenance
Advertising
Travel
Telecom
Rent (buildings)
Rent (other)
Utilities
Insurance
Licenses and permits
Interest expenses
Income taxes
Other expense 1
Other expense 2
Other expense 3
Total Operating Outflows $0.00 $0.00 $0.00

CASH FROM OPERATIONS $0.00 $0.00 $0.00

CASH FROM INVESTING Add up the total value for the period you chose.
CASH RECEIPTS (INFLOWS) FROM
Selling property and long-term equipment
Receiving loan payments
Total Investing Inflows $0.00 $0.00 $0.00

CASH PAID (OUTFLOWS) FOR Add up the total value for the period you chose.
Buying property and long-term equipment
Lending money
Total Investing Outflows $0.00 $0.00 $0.00

CASH FROM INVESTING $0.00 $0.00 $0.00

CASH FROM FINANCING

CASH RECEIPTS (INFLOWS) FROM Add up the total value for the period you chose.
Issuing stock
Borrowing money
Total Financing Inflows $0.00 $0.00 $0.00

CASH PAID (OUTFLOWS) FOR Add up the total value for the period you chose.
Repurchasing stock
Repaying the principal balance on loans
Owners' draws or dividends
Total Financing Outflows $0.00 $0.00 $0.00

CASH FROM FINANCING $0.00 $0.00 $0.00

CASH INCREASE OR DECREASE FOR PERIOD

CASH ON HAND AT THE BEGINNING OF THE PERIOD

TOTAL CASH ON HAND AT END OF THE PERIOD

 Notes and Descriptions
The cash flow statement show the money that’s coming into and going out of a
Period 4 business during a certain period of time.

Cash flows from company's main business activities, such as

creating and selling products or services.
period you chose. Money that's received during the period from operations.
Money made from selling products.
Money made from selling services.
Interest earnings from loans the business issued to others.
Money the business made from other sources.
$0.00 The total of the all operating inflows.

period you chose. Money that's spent during the period on operations.
Money paid for returns or refunds.
Non-labor expenses directly related to producing the products or services sold.
Employees' wages, payroll taxes and benefits.
Money spent on trainings or seminars for employees.
Money paid to contract workers.
Money paid to professional service providers, such as attorneys or accountants.
Expenses related to running an office, such as cleaning supplies and printer paper.
Expenses for repairs or maintenance of equipment and buildings.
Cost of advertising and marketing campaigns.
Business-related travel. Include the cost of transportation, accommodations and meals.
Phone and internet service.
Rent paid for the business's buildings.
Other rental expenses, such as for equipment or vehicles.
Utility bills, such as heat and water.
Total for all the business's insurance policies.
Total you've paid for business licenses or permits.
Interest paid on loans or lines of credit.
Total local, state and federal income taxes paid.
An expense that doesn't fit into one of the above categories.
An expense that doesn't fit into one of the above categories.
An expense that doesn't fit into one of the above categories.
$0.00 The total of the all operating outflows.

$0.00 The total operating inflows minus operating outflows.

Cash flows from fixed or long-term assets. Small businesses may not
period you chose. have cash from investing.
Money that's received during the period from investing activities.
 Income from selling equipment or property that provided value for over a year.
Income from a business or person repaying the principal portion of a loan.
$0.00 The total of the all investing inflows.

period you chose. Money that's spent during the period from investing activities.
Purchases of equipment or property that's expected to provide value for over a year.
Money that's lent to a person or business.
$0.00 The total of the all investing outflows.

$0.00 The total investing inflows minus investing outflows.

Cash flows from borrowing money and changes in the owners' equity.
Some of these sections don't apply to small businesses.
period you chose. Money that's received during the period from financing activities.
Income from selling the company's stock.
Money received from a lender or investor.
$0.00 The total of the all financing inflows.

period you chose. Money that's spent during the period from financing activities.
Money spent on repurchasing the company's stock from stockholders.
Money spent repaying loans.
Money paid to the business's owners.
$0.00 The total of the all financing outflows.

$0.00 The total financing inflows minus financing outflows.

Total cash flows from operations, investing and financing

The amount of money that was available for the business at the start of the period.

The amount of money that is available for the business at the end of the period.
Operational Cash Flow Projection - Next 12 Months

Month: Pre-Start Month 1 Month 2 Month 3

CASH RECEIPTS (INFLOWS) FROM

Sales
Services
Interest
Other revenue
Total Revenue $0.00 $0.00 $0.00 $0.00

CASH PAID (OUTFLOWS) FOR

Returns and refunds
Non-labor cost of goods sold
Salaries, payroll and benefits
Training
Contractors
Professional services
Office supplies
Repairs and maintenance
Advertising
Travel
Telecom
Rent (buildings)
Rent (other)
Utilities
Insurance
Licenses and permits
Interest expenses
Income taxes
Other expense 1
Other expense 2
Other expense 3
Total Operating Outflows $0.00 $0.00 $0.00 $0.00

TOTALS
Cashflow Increase/Decrease $0.00 $0.00 $0.00 $0.00

Starting Cash Balance $0.00 $0.00 $0.00 $0.00

Ending Cash Balance $0.00 $0.00 $0.00 $0.00

Month 4 Month 5 Month 6 Month 7 Month 8 Month 9

$0.00 $0.00 $0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.00 $0.00 $0.00 $0.00

Month 10 Month 11 Month 12 Totals

$0.00
$0.00
$0.00
$0.00
$0.00 $0.00 $0.00 $0.00

$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00

 Total for Year January
Revenue Estimated Actual Difference Estimated
Net sales (after tax) 0
Interest income 0
Asset sales 0
Retail income 0
Other 0
Total 0 0 0 0

Expenses Estimated Actual Difference Estimated

Fixed
Salaries and benefits 0
Rent or mortgage 0
Cost of goods 0
Accounting and legal 0
Insurance 0
Licenses and permits 0
Debt payments 0
Telephone 0
Transportation
Equipment 0
Office supplies 0
Memberships and subscriptions 0
Taxes 0
Other
Flexible
Utilities 0
Maintenance and repairs 0
Shipping and storage 0
Marketing and promotional costs 0
Other 0
Total 0

Total revenue 0 0 0 0
Total expenses 0 0 0 0

Total income (subtract total

expenses from total revenue) 0 0 0 0
 January February March
Actual Difference Estimated Actual Difference Estimated
0 0
0 0
0 0
0 0
0 0
0 0 0 0 0 0

Actual Difference Estimated Actual Difference Estimated

0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0

0 0
0 0
0 0
0 0

0 0
0 0
0 0
0 0
0 0
0 0

0 0 0 0 0 0
0 0 0 0 0 0

0 0 0 0 0 0
 March April May
Actual Difference Estimated Actual Difference Estimated
0 0
0 0
0 0
0 0
0 0
0 0 0 0 0 0

Actual Difference Estimated Actual Difference Estimated

0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0

0 0
0 0
0 0
0 0

0 0
0 0
0 0
0 0
0 0
0

0 0 0 0 0 0
0 0 0 0 0 0

0 0 0 0 0 0
 May June July
Actual Difference Estimated Actual Difference Estimated
0 0
0 0
0 0
0 0
0 0
0 0 0 0 0 0

Actual Difference Estimated Actual Difference Estimated

0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0

0 0
0 0
0 0
0 0

0 0
0 0
0 0
0 0
0 0

0 0 0 0 0 0
0 0 0 0 0 0

0 0 0 0 0 0
 July August September
Actual Difference Estimated Actual Difference Estimated
0 0
0 0
0 0
0 0
0 0
0 0 0 0 0 0

Actual Difference Estimated Actual Difference Estimated

0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0

0 0
0 0
0 0
0 0

0 0
0 0
0 0
0 0
0 0

0 0 0 0 0 0
0 0 0 0 0 0

0 0 0 0 0 0
 September October November
Actual Difference Estimated Actual Difference Estimated
0 0
0 0
0 0
0 0
0 0
0 0 0 0 0 0

Actual Difference Estimated Actual Difference Estimated

0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0

0 0
0 0
0 0
0 0

0 0
0 0
0 0
0 0
0 0

0 0 0 0 0
0 0 0 0 0 0

0 0 0 0 0 0
 November December
Actual Difference Estimated Actual Difference
0 0
0 0
0 0
0 0
0 0
0 0 0 0 0

Actual Difference Estimated Actual Difference

0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0

0 0
0 0
0 0
0 0

0 0
0 0
0 0
0 0
0 0

0 0 0 0 0
0 0 0 0 0

0 0 0 0 0
 Vendor List
VENDOR NAME CONTACT NAME ADDRESS EMAIL
PHONE
COMPANY NAME INVOICE
Street Address
City, ST ZIP INVOICE # DATE DUE DATE
Phone: (000) 000-0000

BILL TO
Name
Company Name
Street Address
City, ST ZIP
Phone
Email Address

ITEM DESCRIPTION AMOUNT

Item 1
Item 2

TOTAL $ -
 Customer List
CUSTOMER NAME ADDRESS EMAIL PHONE
COMPANY NAME
Street Address
City, ST ZIP PO #
Phone: (000) 000-0000

BILL TO SHIP TO
Name ATTN: Name / Dept
Company Name Company Name
Street Address Street Address
City, ST ZIP City, ST ZIP
Phone Phone
Email Address Email Address

SHIPPING METHOD SHIPPING TERMS SHIP VIA PAYMENT

ITEM NO. DESCRIPTION QTY UNIT PRICE

SUBTOTAL
TAX
SHIPPING
OTHER
TOTAL
 PURCHASE ORDER

DATE

DELIVERY DATE

TOTAL
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$0.00

$0.00
ACCOUNTS PAYABLE LEDGER

Business Name: Total Due:

Date Invoice Number Supplier Name Total Amount Due Date

$ - 7/25/2023
Current Date:
Balance Due Payment 1 Payment 2 Payment 3 Payment 4
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
Payment 5 Payment 6 Payment 7 Payment 8 Payment 9
Payment 10 Payment 11 Payment 12
ACCOUNTS RECEIVABLE TEMPLATE

Business Name: Total Due: $ -

Invoice
Invoice Date Number Customer Total Amount Due Date Balance Due Payment 1
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
Current Date:

Payment 2 Payment 3 Payment 4 Payment 5 Payment 6 Payment 7 Payment 8

Payment 9 Payment 10 Payment 11 Payment 12