Download this bank reconciliation template and incorporate it into your month-end close process. A bank reconciliation is a check between your records (or your company’s) and the banks records. It is a necessary control for every cash account. Going through the bank reconciliation process can identify errors and
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The proof of cash template is also known as the four-column bank reconciliation. It is a powerhouse reconciliation generally used to detect fraud and highlight errors. There are several ways to perform a proof of cash, and we’ve attempted to take as much complexity out of the
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Enter the inputs for the loan, and a simple amortization schedule is produced. This schedule is designed using an Excel table, and includes a dynamic print range so only the applicable information will print. Simple Loan Amortization Schedule
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This schedule is very similar to the simple loan amortization schedule; however, it allows for additional payments to be added. Based on these additional payments, it calculates the amount of interest saved. Can’t make the same additional monthly payment? Do you have a little extra to pay
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Analyze and evaluate accounts receivable over a 5 year period with this tool. All information can be reviewed graphically over time to provide additional context. Eight key ratios are calculated off of a few inputs. These ratios include Days Sales in Trade AR, AR Turnover, and Bad
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Compare two loans instantly. Thinking about refinancing? Want to see the impact of making additional payments on your current loan? Looking to buy up? Use this loan amortization comparison spreadsheet to instantly draw a comparison between one loan and another. Three tabs are included. An Inputs tab
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The biggest purchase you’re likely to make in your lifetime is the purchase of your home. When looking for a home to buy, it becomes easy to get individual houses confused with one another. It’s difficult to keep up with all of the details. When it’s time
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How much money do you need in your emergency fund? The answer is, no one knows. There are a lot of variables to consider: how risk averse you are, number of incomes, extent to which your expenses are fixed vs. variable, amount of income earned from investments,
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Do you know how much you need to save for your child’s college education? Use this college savings calculator to estimate the total costs of college and the required yearly and monthly savings goals that will get you there. Of course, it’s impossible to know what the
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This template will help you quickly prepare a personal balance sheet (aka calculate net worth). A personal balance sheet is a simple tool in which all assets and all liabilities are listed. Net worth is calculated as total assets minus total liabilities. It’s not uncommon to have a
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