Balance Sheet Template for Excel, Google Sheets

Use this free balance sheet template to help you better understand your finances.

Template Highlights

• Includes business balance sheet template for balancing assets, equity, and liabilities.
• Use the templates in Microsoft Excel and Google Sheets.
• Customize to match your business’s branding or your personal preferences.
• Print out your completed balance sheet or save it and email it as an attachment.

Frequently Asked Questions

How do I create a balance sheet?

Here are the basic steps you can follow to prepare a balance sheet for business or personal use.

1. List your assets: List each type of asset and its value as a line item. 
2. List liabilities: List each type of liability and its value as a line item. 
3. Calculate shareholders’ equity (businesses only): List the value of any shareholders’ equity, which can include items like common stock and retained earnings.
4. Add up sections and balance (for businesses only): Add up your assets, liabilities, and equity. Your assets should equal total liabilities plus equity.

If you’re using a personal balance sheet, you won’t have an owner’s equity section, and your assets don’t have to match your liabilities. You can use a personal balance sheet to compare the value of the assets you own against any debts you owe.

Are these templates free?

They sure are! Enter your contact information and get instant access to this template (along with every other template in this collection). 

Can I edit this template?

Yes! You can easily adjust these balance sheet templates’ fonts, colors, and other elements in Excel or Google Sheets to match your brand or personal taste.

Related Business Templates

• Management

  Standard Operating Procedures (SOP)

  Describe the how, what, and where of your organizational tasks to employees with this free SOP templ...

• Agendas & Schedules

  Time Blocking

  Easily plan your day for maximum focus and minimum distractions with this free time blocking templat...

• Management

  Gap Analysis

  Conduct thorough assessments of your current state vs. goals with this free gap analysis template.

• Project Management

  Progress Report

  Share your project progress with other team members, departments, or relevant parties with this free...

• Management

  Fishbone Diagram

  Identify a problem's root causes efficiently with a fishbone diagram. This visualization template ca...

• Project Management

  Process Map

  Streamline your workflow, enhance efficiency, and foster continuous improvement in your organization...

• Management

  The 5 Whys

  Download the free 5 whys template to identify the root cause of business challenges and develop prac...

• Management

  Succession Plan

  Enhance your organization’s leadership continuity, improve workforce readiness, and ensure smooth tr...

• Branding & Communication

  Business One-Pager Template

  Use this professional one-pager template to help capture the attention of stakeholders and potential...

• Project Management

  Decision Tree

  Use this free decision tree template to understand the potential outcomes of your business decisions...

• Dashboards & Reports

  Profit and Loss Statement

  Use this free profit and loss statement template to analyze performance over time and improve your c...

See All Business Templates