Excel Balance Sheet Template Software

Keeping track of how much money goes in and out of your wallet is essential, seeing how there are dozens of taxes and debts that require attention periodically. Luckily, computer applications let you better organize and monitor budget flow. Excel Balance Sheet Template Software is one such application, doing exactly what the name suggests.

The application stores all of its features in a straightforward interface, with requirement fields clearly visible and a button to trigger the main action. There is no help manual, but nor is there any need for one, letting anyone quickly accommodate, regardless of experience.

Most action required on your behalf is to properly write down sums in their corresponding field. You can only work with the given template, featuring options for current and fixed assets, current and long-term liabilities, as well as shareholder's equity.

Amongst required fields, the application lets you write down sums for cash, accounts receivable, inventory, land, buildings, furniture and fixtures, short-term notes, taxes payable, mortgage and others. What's more, you can select the date for the report to be issued, from an implemented calendar.

Once you're done, hitting the “Start Creating Template” button inevitably creates and XLS document with your values, as well as the total amount, where necessary.

Unfortunately, the application feels heavily limited overall, providing nothing more than features mentioned above. Available fields cannot be edited or removed, so no matter your needs the template is the same. Moreover, the application only serves a one-time purpose, because once the template is created it can easily and fully be modified in the native format.

To sum it up, Excel Balance Sheet Template Software is an application that raises some queries. This is not because it's straightforward, but the core function can easily be obtained in an Excel document, with more customization options. However, if you're in a hurry and available fields suit your needs, it might prove useful.