This cash book in Excel template is useful for small businesses to start their bookkeeping when on a tight budget and unable to pay the monthly subscription costs for online bookkeeping software or the upfront outlay of hundreds for desktop software.
Cash Book Excel
In this Cashbook you can:
track income and expenses
view a Profit and Loss Report
see your profit or loss result
This Cashbook also has a Balance Sheet so you can track assets and liabilities including:
accounts receivable totals
accounts payable totals
loans and loan repayments
There are two versions of the cash book.
The first one is for one bank account only.
The second one is for up to five bank accounts and three credit cards.
Note: More accounts cannot be added to the reports in this sample.
cash Book Excel Main Details
The Quick Start Tips gives you a summary of what to do first.
The main first things are to enter your financial year and months and your account names.
Cash Book Excel Quick Start Tips
There are 12 monthly sheets where you will enter your transactions for each month.
The totals from these sheets are linked to the reports so they update automatically.
The Examples page has data in it that will help you see how to enter your income and expenses and other type of transactions.
Cashbook Excel Examples
Here are snips of the Profit and Loss Report and Balance Sheet Report.
Cashbook Excel Profit and Loss Overview
Cashbook Excel Balance Sheet Overview
The Inventory in this cash book in Excel is based on the Periodic method of tracking stock, so it will calculate your Cost of Goods Sold automatically, so long as you can enter your closing stock balances at the end of each month, or just do it once a year.
Cash Book Excel Periodic Inventory Screen Shot
Note: to actually track the purchase, sale and levels of each stock item you will need to use a separate template such as my Excel Inventory template.
There is a Help page in this cash book template with more in depth instructions on everything including how to add more accounts or hide excess accounts, and how to process the Petty cash transactions and the Inventory procedures. However, when you purchase this template you will also get the free printable e-book of these help instructions.
Overview of Help Menu
If you are looking for a simpler/smaller version of the cashbook you can try my free Excel Cashbook Easy. It's simple because it has no balance sheet or balance sheet type accounts.