Transform Your Business With Spreadsheet Accounting – Part 3

In the first blog post in this series I introduced you to the 3 key spreadsheets that every business needs and I gave you a really quick-and-dirty way to set up the three spreadsheets in one Excel file. In the second blog post in this series, I talked about the relationship between all three spreadsheets.

I’m realistic enough to realize that financial statements can seem complex and unwieldy at the best of times, which I’ve been walking you slowly through the details that I felt you needed to know. And I was planning to show you how to build the three spreadsheets yourself. But I’ve got good news for you: In the last blog post of this series, I’m going to make it really easy for you! I’m going to link you to one free file that you can download that will GIVE you all three spreadsheets in a single Excel file. Here’s how to get it and use it:
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Tags: Balance Sheet Income Statement, Business Accounting, Business Guide, Business Owners, Cash Flow Statement, Consolidated Report, Decisions, Financial Spreadsheets, Financial Statements, Free File, Microsoft, Microsoft Excel, Microsoft Office, Relationship, Report Template, Spreadsheet, Step 1, Template Section

Transform Your Business With Spreadsheet Accounting – Part 1

When a new client approaches me to do their accounting for them, they often bring in their previous financial “system”… which usually consists of cardboard box overflowing with files, receipts, envelopes, and notebooks of spreadsheets. The first thing I do, before I start any official “help-them-save-money-and-make-more-money” accounting work, is to roll up my sleeves and systematize the avalanche of papers.

If your small and growing business doesn’t have an accountant yet, or if you want to make it really fast for your accountant to get through your records and start delivering the meaningful insight that you are hiring them to provide, you need to build and implement a spreadsheet-based accounting system as early as possible.

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Tags: Accountant, Accountants, Accounting System, Avalanche, Business Profitability, Cardboard Box, Cash Flow Statement, Envelopes, Google, Google Spreadsheets, Gross Profit, Income Statement And Balance Sheet, Meaningful Insight, Microsoft Excel, Profit And Loss, Profit And Loss Statement, Receipts, Spreadsheet, Step 2, Step 3