Budget financial statement - Excel template

Generate a comprehensive set of automated budget reports for the upcoming financial year. These reports will include an income statement, cash flow statement, and balance sheet. They will also compare the budget to the results of the current and prior financial years. Additionally, the reports will provide month-to-date and year-to-date analysis. Furthermore, a monthly income statement will be included to analyze the monthly budget amounts. The template is designed to accommodate any account structure and trial balance format. It also offers an easy mapping feature to link accounts to pre-defined financial statement reporting classes. Lastly, the template includes a trial balance checking and import feature.

This template allows users to create a comprehensive monthly and annual budget using any trial balance. It provides current year and prior year comparative results. The budget is created by linking each account in the trial balance to a pre-defined reporting class code. All the amounts included in the budget are automatically calculated based on the linked class codes. The template includes an income statement, cash flow statement, and balance sheet, which are all automatically calculated on a month-to-date and year-to-date basis.

Please note that this budget template assumes that the monthly budgeted balances are calculated separately. It also requires a budget trial balance, which includes all the account balances that need to be included in the budget, to be included on the Budget sheet in this template. If you need a template to calculate individual budget account balances, we recommend using one of our monthly cash flow templates.