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Balance Sheet Template

A balance sheet is an important financial statement that provides a snapshot of a company's financial position at a specific point in time.

Laszlo Molnar avatar
Written by Laszlo Molnar
Updated over 8 months ago

This balance sheet uses the matrix to show end of month Balance Sheet numbers, and then visualises the breakdown with a waterfall chart. Clicking on the bars shows the individual account totals that make them up.

Test drive this template

You can click on the screen shots below to test drive the template with Demo Company data in Microsoft Power BI online.

Download the template

Click the button below to download the template.

Once downloaded, open the template in Microsoft Power BI Desktop and connect to your Connectorly database.

Key Tables

This template makes use of Journals, Dates and Account Views.

Description

Why the Balance Sheet is important?

  • It provides a quick overview of a company's financial health. A balance sheet can help investors, creditors, and other stakeholders to understand a company's financial position and potential risks.

  • It can help businesses to identify areas where they need to improve their financial performance. By comparing their balance sheet to previous periods or to other companies in their industry, businesses can identify areas where they can improve their profitability, liquidity, or solvency.

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