Itemized Statement Template: Fill & Download for Free

Here are three basic financial statements that are important for your small business:Balance sheet. This statement provides an overall financial snapshot of your small business. As an equation, it looks like liabilities + owner’s equity = assets. The two sides of the equation must balance out.There are two types of assets: current and fixed. Current assets include cash or other holdings that can quickly be converted to cash within a year. These may include inventory, prepaid expenses and accounts receivable. Machinery, equipment, land, buildings, furniture and other essentials that you are not planning to sell are considered fixed assets.Liabilities can be broken down into current or short-term liabilities, such as accounts payable and taxes, and long-term debt such as bank loans or notes payable to stockholders. Owner’s equity includes any invested capital or retained earnings. If you captured all of your accounting information correctly, both sides of the balance sheet equation should be equal. Download SCORE’s template to start setting up your own balance sheet.Profit and loss statement. A profit and loss statement, also referred to as an income statement, enables you to project sales and expenses and typically covers a period of a few months to a http://year.To determine net profit, subtract total operating expenses from gross profit. (Gross profit – total operating expenses = net profit.) Remember that gross profit is calculated as total sales minus the cost of goods sold. Costs of goods sold include things like raw materials, inventory and payroll taxes. Make sure to also factor in overhead costs such repairs, utilities, insurance and legal fees into your operating expenses to ensure your net profit is accurate. SCORE’s profit and loss statement template (.xls) includes all the necessary calculations to help you forecast net profit.Cash flow statement. This statement highlights how much money is coming in to (cash inflows) and going out of (cash outflows) your business. Cash inflows include cash sales, accounts receivable collections, loans and other investments. Equipment purchased, expenses paid, inventory and other payments are considered cash outflows.To calculate your ending cash balance, take the beginning cash balance, add cash inflows and then subtract cash outflows. (Beginning cash balance + cash inflows – cash outflows = ending cash balance.) Download SCORE’s cash flow statement template (.xls) to get started. Explore SCORE’s library of financial statement templates for more helpful documents.

A simple yet effective approach is to track research tasks and resources with a spreadsheet, especially an online one that allows for collaboration.Here's one way you could structure the different items:Category | Item | Priority | Topic | Tags | Link | DescriptionwhereCategory = question, reference, article, finding, etcItem = statement of the question, title of the paper, etcPriority = 1-5Topic = research subjectTags = Keywords, maybe comma-separatedLink = URL or file pathDescription = any other detailsYou can use filtering to view items with a specific category say, or with a given tag.I've posted a sample spreadsheet with this structure at Template - Research Project - Google Sheets - feel free to comment on it and to reuse.

Yes, it is quite possible if you are a bit familiar to Excel and know how to formulate the sections to get the output.In fact, when it is done right, an Excel template has huge potential to reduce the data input as far as possible. This is what most people are exactly looking for instead of creating from scratch.Create a section to make manual input:Open a new workbook and start type in your entries for Operations, Financing and Investing.For each month, input the amount of receipts/payments into lines and the sections you are going to add.You can sum-up the entries of each month and find the year total to reflect items to the Form section.2. Create Form structureOpen a new sheet and generate a form to fetch the data from the previous section. Here the only thing you are going to apply: connecting the cells for clear documentation.Hope this helps! If you want to check the formulation and working logic, you can search for this template: Someka Cash Flow Statement Template