{"id":248605,"date":"2021-06-17T17:28:19","date_gmt":"2021-06-17T05:28:19","guid":{"rendered":"https:\/\/www.reckon.com\/au\/?page_id=248605"},"modified":"2025-09-12T12:47:01","modified_gmt":"2025-09-12T00:47:01","slug":"balance-sheet-template","status":"publish","type":"page","link":"https:\/\/www.reckon.com\/au\/small-business-resources\/balance-sheet-template\/","title":{"rendered":"Balance Sheet template"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#f3f2f6&#8243; background_image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2023\/08\/header-background.png&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_right&#8221; background_horizontal_offset=&#8221;25%&#8221; background_vertical_offset=&#8221;0%&#8221; custom_padding=&#8221;||0px||false|false&#8221; hover_enabled=&#8221;0&#8243; background_last_edited=&#8221;on|phone&#8221; background_vertical_offset_tablet=&#8221;-30%&#8221; background_vertical_offset_phone=&#8221;-30%&#8221; da_disable_devices=&#8221;off|off|off&#8221; global_colors_info=&#8221;{}&#8221; custom_css_main_element_last_edited=&#8221;on|desktop&#8221; custom_css_main_element_tablet=&#8221;background-position: right 25% top -30% !important;&#8221; custom_css_main_element_phone=&#8221;background-position: right 25% top -50% !important;&#8221; sticky_enabled=&#8221;0&#8243; background_enable_image_phone=&#8221;off&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; background_enable_image=&#8221;off&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_right&#8221; width=&#8221;100%&#8221; width_tablet=&#8221;90%&#8221; width_phone=&#8221;90%&#8221; width_last_edited=&#8221;on|tablet&#8221; custom_padding=&#8221;0px||||false|false&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; custom_css_main_element=&#8221;margin-top:auto;||margin-bottom:auto;&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||0px||false|false&#8221; custom_padding=&#8221;||0px||false|false&#8221; header_text_align_tablet=&#8221;center&#8221; header_text_align_phone=&#8221;center&#8221; header_text_align_last_edited=&#8221;on|tablet&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h1>Free balance sheet template for small businesses<\/h1>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||||false|false&#8221; custom_padding=&#8221;0px||||false|false&#8221; text_orientation_tablet=&#8221;center&#8221; text_orientation_phone=&#8221;center&#8221; text_orientation_last_edited=&#8221;on|tablet&#8221; global_colors_info=&#8221;{}&#8221;]Keep on top of your businesses&#8217; financial standing with our free balance sheet template designed for Australian small businesses.<br \/>\n[\/et_pb_text][et_pb_button button_url=&#8221;#template&#8221; button_text=&#8221;Get your balance sheet template&#8221; button_alignment=&#8221;left&#8221; button_alignment_tablet=&#8221;center&#8221; button_alignment_phone=&#8221;center&#8221; button_alignment_last_edited=&#8221;on|tablet&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; custom_margin_last_edited=&#8221;on|phone&#8221; sticky_enabled=&#8221;0&#8243; custom_margin_phone=&#8221;||30px||false|false&#8221;][\/et_pb_button][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; 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global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Create a professional balance sheet in minutes<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_3,1_3,1_3&#8243; use_custom_gutter=&#8221;on&#8221; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;0px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_blurb title=&#8221;Free template&#8221; image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2020\/03\/file-check.svg&#8221; image_icon_width=&#8221;100%&#8221; icon_placement_tablet=&#8221;left&#8221; icon_placement_phone=&#8221;left&#8221; icon_placement_last_edited=&#8221;on|tablet&#8221; _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;84c72f0b-4b93-4a99-a19d-fc01dad3752f&#8221; header_level=&#8221;h3&#8243; header_font=&#8221;|700|||||||&#8221; header_text_align=&#8221;center&#8221; text_orientation=&#8221;center&#8221; header_text_align_tablet=&#8221;left&#8221; header_text_align_phone=&#8221;left&#8221; header_text_align_last_edited=&#8221;on|desktop&#8221; text_orientation_tablet=&#8221;left&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|tablet&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Our Australian balance sheet template can save you time &amp; money.<\/p>\n<p>[\/et_pb_blurb][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_blurb title=&#8221;Fully editable&#8221; image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2020\/03\/pencil-alt.svg&#8221; icon_placement_tablet=&#8221;left&#8221; icon_placement_phone=&#8221;left&#8221; icon_placement_last_edited=&#8221;on|tablet&#8221; _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;84c72f0b-4b93-4a99-a19d-fc01dad3752f&#8221; header_level=&#8221;h3&#8243; header_font=&#8221;|700|||||||&#8221; header_text_align=&#8221;center&#8221; text_orientation=&#8221;center&#8221; header_text_align_tablet=&#8221;left&#8221; header_text_align_phone=&#8221;left&#8221; header_text_align_last_edited=&#8221;on|desktop&#8221; text_orientation_tablet=&#8221;left&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]Ready to customise with all requirements like assets, liabilities and owner&#8217;s equity.<br \/>\n[\/et_pb_blurb][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_blurb title=&#8221;Easy to use&#8221; 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custom_padding_last_edited=&#8221;on|phone&#8221; header_3_font_size_tablet=&#8221;26px&#8221; header_3_font_size_phone=&#8221;16px&#8221; header_3_font_size_last_edited=&#8221;on|phone&#8221; custom_css_main_element=&#8221;display: flex;||align-items: center;&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3>Features<\/h3>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2020\/12\/reckonone-logo-table.png&#8221; alt=&#8221;product 3 placeholder image.&#8221; title_text=&#8221;Reckonone Logo Table&#8221; show_bottom_space=&#8221;off&#8221; align=&#8221;center&#8221; admin_label=&#8221;ROW1 &#8211; COL2 &#8211; image &#8211; TOP ROW&#8221; _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#ffeeed&#8221; width=&#8221;100%&#8221; width_tablet=&#8221;100%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||||false|false&#8221; 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global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Easily share online with your accountant<\/p>\n<p>[\/et_pb_text][et_pb_icon font_icon=&#8221;&#xf00c;||fa||900&#8243; icon_color=&#8221;#5A3FFF&#8221; icon_width=&#8221;38px&#8221; icon_width_tablet=&#8221;34px&#8221; icon_width_phone=&#8221;32px&#8221; icon_width_last_edited=&#8221;on|phone&#8221; admin_label=&#8221;ROW2 &#8211; COL2 &#8211;  Icon&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; background_enable_color=&#8221;off&#8221; custom_margin=&#8221;||0px||false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; custom_css_main_element=&#8221;min-width: 100%!important;||border-right: 0px solid #CBCFD2;||border-bottom: 1px solid #CBCFD2;||display: flex;||align-items: center;||justify-content: center;||background-color: #ffeeed;&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_icon][et_pb_icon font_icon=&#8221;&#xf00d;||fa||900&#8243; icon_color=&#8221;#FF5447&#8243; icon_width=&#8221;38px&#8221; icon_width_tablet=&#8221;34px&#8221; icon_width_phone=&#8221;32px&#8221; icon_width_last_edited=&#8221;on|phone&#8221; admin_label=&#8221;ROW2 &#8211; COL3 &#8211;  Icon&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||0px||false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; custom_css_main_element=&#8221;min-width: 100%!important;||border-bottom: 1px solid #CBCFD2;||display: flex;||align-items: center;||justify-content: center;&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_icon][et_pb_text admin_label=&#8221;ROW3 &#8211; COL1 &#8211; text&#8221; _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;||||||||&#8221; text_font_size=&#8221;21px&#8221; text_letter_spacing=&#8221;0.03em&#8221; custom_margin=&#8221;0px||0px||false|false&#8221; 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pac_dcm_carousel_pause_video_playing=&#8221;on&#8221; pac_dcm_carousel_navigation_arrows_position=&#8221;bottom_left&#8221; pac_dcm_carousel_navigation_arrows_font_size=&#8221;42px&#8221; pac_dcm_carousel_navigation_arrows_background_color=&#8221;RGBA(255,255,255,0)&#8221; pac_dcm_carousel_navigation_arrows_color=&#8221;#ff5447&#8243; pac_dcm_carousel_navigation_prev_icon=&#8221;&#x34;||divi||400&#8243; pac_dcm_carousel_navigation_next_icon=&#8221;&#x35;||divi||400&#8243; pac_dcm_carousel_navigation_dots=&#8221;off&#8221; pac_dcm_carousel_scroll_to_module=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_code _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; border_radii=&#8221;on|30px|30px|30px|30px&#8221; global_colors_info=&#8221;{}&#8221;]<script src=\"https:\/\/fast.wistia.com\/embed\/medias\/0nzm5jdegy.jsonp\" async><\/script><script src=\"https:\/\/fast.wistia.com\/assets\/external\/E-v1.js\" async><\/script><!-- [et_pb_line_break_holder] --><\/p>\n<div class=\"wistia_responsive_padding\" style=\"padding: 56.25% 0 0 0; position: relative;\"><!-- [et_pb_line_break_holder] --><\/p>\n<div class=\"wistia_responsive_wrapper\" style=\"height: 100%; left: 0; position: absolute; top: 0; width: 100%;\"><!-- [et_pb_line_break_holder] --><\/p>\n<div class=\"wistia_embed wistia_async_0nzm5jdegy seo=false videoFoam=true\" style=\"height: 100%; position: relative; width: 100%;\"><!-- [et_pb_line_break_holder] --><\/p>\n<div class=\"wistia_swatch\" style=\"height: 100%; left: 0; opacity: 0; overflow: hidden; position: absolute; top: 0; transition: opacity 200ms; width: 100%;\"><img decoding=\"async\" style=\"filter: blur(5px); height: 100%; object-fit: contain; width: 100%;\" src=\"https:\/\/fast.wistia.com\/embed\/medias\/0nzm5jdegy\/swatch\" alt=\"\" aria-hidden=\"true\" \/><\/div>\n<p><!-- [et_pb_line_break_holder] --><\/div>\n<p><!-- [et_pb_line_break_holder] --><\/div>\n<p><!-- [et_pb_line_break_holder] --><\/div>\n<p><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><\/p>\n<div style=\"background: #fff; padding: 15px 35px; line-height: 1.5em; text-align: center;\"><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] -->&#8220;A partner you can rely on like Reckon&#8221;<!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><em><strong>Anne George,<\/strong> Owner of Word &#038; Web<\/em><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><\/div>\n<p><!-- [et_pb_line_break_holder] -->[\/et_pb_code][et_pb_code _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; border_radii=&#8221;on|30px|30px|30px|30px&#8221; global_colors_info=&#8221;{}&#8221;]<script src=\"https:\/\/fast.wistia.com\/embed\/medias\/gby66wld39.jsonp\" async><\/script><script src=\"https:\/\/fast.wistia.com\/assets\/external\/E-v1.js\" async><\/script><!-- [et_pb_line_break_holder] --><\/p>\n<div class=\"wistia_responsive_padding\" style=\"padding: 56.25% 0 0 0; position: relative;\"><!-- [et_pb_line_break_holder] --><\/p>\n<div class=\"wistia_responsive_wrapper\" style=\"height: 100%; left: 0; position: absolute; top: 0; width: 100%;\"><!-- [et_pb_line_break_holder] --><\/p>\n<div class=\"wistia_embed wistia_async_gby66wld39 seo=false videoFoam=true\" style=\"height: 100%; position: relative; width: 100%;\"><!-- [et_pb_line_break_holder] --><\/p>\n<div class=\"wistia_swatch\" style=\"height: 100%; left: 0; opacity: 0; overflow: hidden; position: absolute; top: 0; transition: opacity 200ms; width: 100%;\"><img decoding=\"async\" style=\"filter: blur(5px); height: 100%; object-fit: contain; width: 100%;\" src=\"https:\/\/fast.wistia.com\/embed\/medias\/gby66wld39\/swatch\" alt=\"\" aria-hidden=\"true\" \/><\/div>\n<p><!-- [et_pb_line_break_holder] --><\/div>\n<p><!-- [et_pb_line_break_holder] --><\/div>\n<p><!-- [et_pb_line_break_holder] --><\/div>\n<p><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><\/p>\n<div style=\"background: #fff; padding: 15px 35px; line-height: 1.5em; text-align: center;\"><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] -->&#8220;Reckon has the capability to grow with us as we require&#8221;<!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><em><strong>Rohan Sanderson,<\/strong> Owner of Operational Advancement Solutions<\/em><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><\/div>\n<p><!-- [et_pb_line_break_holder] -->[\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; module_class=&#8221;guides&#8221; _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; da_disable_devices=&#8221;off|off|off&#8221; global_module=&#8221;268366&#8243; saved_tabs=&#8221;all&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; header_2_text_align=&#8221;center&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Free downloadable templates<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row make_equal=&#8221;on&#8221; _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; 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pac_dcm_carousel_navigation_dots=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_blurb title=&#8221;Invoice template&#8221; image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2024\/04\/invoice-template-1.png&#8221; alt=&#8221;Invoice Template&#8221; admin_label=&#8221;Invoice template&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;84c72f0b-4b93-4a99-a19d-fc01dad3752f&#8221; header_font=&#8221;|700|||||||&#8221; header_text_align=&#8221;center&#8221; header_font_size=&#8221;20px&#8221; header_line_height=&#8221;1.4em&#8221; body_text_align=&#8221;center&#8221; body_line_height=&#8221;1.4em&#8221; background_color=&#8221;#f3f2f6&#8243; text_orientation=&#8221;center&#8221; custom_padding=&#8221;35px|30px|35px|30px|true|true&#8221; border_radii=&#8221;on|15px|15px|15px|15px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Free &amp; customisable Excel and Word invoice template for your small business.<\/p>\n<p><a class=\"et_pb_button\" href=\"https:\/\/www.reckon.com\/au\/small-business-resources\/invoice-template\/\">Download now<\/a><\/p>\n<p>[\/et_pb_blurb][et_pb_blurb title=&#8221;Payslip template&#8221; image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2024\/04\/payslip-template-1.png&#8221; alt=&#8221;Payslip Template&#8221; admin_label=&#8221;Payslip template&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;84c72f0b-4b93-4a99-a19d-fc01dad3752f&#8221; header_font=&#8221;|700|||||||&#8221; header_text_align=&#8221;center&#8221; header_font_size=&#8221;20px&#8221; header_line_height=&#8221;1.4em&#8221; body_text_align=&#8221;center&#8221; body_line_height=&#8221;1.4em&#8221; background_color=&#8221;#f3f2f6&#8243; text_orientation=&#8221;center&#8221; custom_padding=&#8221;35px|30px|35px|30px|true|true&#8221; border_radii=&#8221;on|15px|15px|15px|15px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Free &amp; editable payslip template for Aussie small businesses.<\/p>\n<p><a class=\"et_pb_button\" href=\"https:\/\/www.reckon.com\/au\/small-business-resources\/payslip-template\/\">Download now<\/a><\/p>\n<p>[\/et_pb_blurb][et_pb_blurb title=&#8221;Business plan&#8221; image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2024\/04\/business-plan-template-2.png&#8221; alt=&#8221;Business Plan Template&#8221; admin_label=&#8221;Business plan&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;84c72f0b-4b93-4a99-a19d-fc01dad3752f&#8221; header_font=&#8221;|700|||||||&#8221; header_text_align=&#8221;center&#8221; header_font_size=&#8221;20px&#8221; header_line_height=&#8221;1.4em&#8221; body_text_align=&#8221;center&#8221; body_line_height=&#8221;1.4em&#8221; background_color=&#8221;#f3f2f6&#8243; text_orientation=&#8221;center&#8221; custom_padding=&#8221;35px|30px|35px|30px|true|true&#8221; border_radii=&#8221;on|15px|15px|15px|15px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Free editable business plan template to build out your business strategy.<\/p>\n<p><a class=\"et_pb_button\" href=\"https:\/\/www.reckon.com\/au\/small-business-resources\/business-plan-template\/\">Download now<\/a><\/p>\n<p>[\/et_pb_blurb][et_pb_blurb title=&#8221;Cashflow forecast template&#8221; image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2024\/04\/cashflow-forecast-template-1.png&#8221; alt=&#8221;Cashflow Forecast Template&#8221; admin_label=&#8221;Cashflow forecast template&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;84c72f0b-4b93-4a99-a19d-fc01dad3752f&#8221; header_font=&#8221;|700|||||||&#8221; header_text_align=&#8221;center&#8221; header_font_size=&#8221;20px&#8221; header_line_height=&#8221;1.4em&#8221; body_text_align=&#8221;center&#8221; body_line_height=&#8221;1.4em&#8221; background_color=&#8221;#f3f2f6&#8243; text_orientation=&#8221;center&#8221; custom_padding=&#8221;35px|30px|35px|30px|true|true&#8221; border_radii=&#8221;on|15px|15px|15px|15px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Free cashflow forecast template for small businesses.<\/p>\n<p><a class=\"et_pb_button\" href=\"https:\/\/www.reckon.com\/au\/small-business-resources\/cashflow-forecast-template\/\">Download now<\/a><\/p>\n<p>[\/et_pb_blurb][et_pb_blurb title=&#8221;Balance sheet template&#8221; image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2024\/04\/balance-sheet-template-1.png&#8221; alt=&#8221;Balance Sheet Template&#8221; admin_label=&#8221;Balance sheet template&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;84c72f0b-4b93-4a99-a19d-fc01dad3752f&#8221; header_font=&#8221;|700|||||||&#8221; header_text_align=&#8221;center&#8221; header_font_size=&#8221;20px&#8221; header_line_height=&#8221;1.4em&#8221; body_text_align=&#8221;center&#8221; body_line_height=&#8221;1.4em&#8221; background_color=&#8221;#f3f2f6&#8243; text_orientation=&#8221;center&#8221; custom_padding=&#8221;35px|30px|35px|30px|true|true&#8221; border_radii=&#8221;on|15px|15px|15px|15px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Free &amp; customisable balance sheet for your small business.<\/p>\n<p><a class=\"et_pb_button\" href=\"https:\/\/www.reckon.com\/au\/small-business-resources\/balance-sheet-template\/\">Download now<\/a><\/p>\n<p>[\/et_pb_blurb][et_pb_blurb title=&#8221;Profit &#038; Loss template&#8221; image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2024\/04\/profit-and-loss-template-1.png&#8221; alt=&#8221;Profit and Loss Template&#8221; admin_label=&#8221;Profit &#038; Loss template&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;84c72f0b-4b93-4a99-a19d-fc01dad3752f&#8221; header_font=&#8221;|700|||||||&#8221; header_text_align=&#8221;center&#8221; header_font_size=&#8221;20px&#8221; header_line_height=&#8221;1.4em&#8221; body_text_align=&#8221;center&#8221; body_line_height=&#8221;1.4em&#8221; background_color=&#8221;#f3f2f6&#8243; text_orientation=&#8221;center&#8221; custom_padding=&#8221;35px|30px|35px|30px|true|true&#8221; border_radii=&#8221;on|15px|15px|15px|15px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Free &amp; editable profit &amp; loss template for Aussie small businesses.<\/p>\n<p><a class=\"et_pb_button\" href=\"https:\/\/www.reckon.com\/au\/small-business-resources\/profit-and-loss-template\/\">Download now<\/a><\/p>\n<p>[\/et_pb_blurb][et_pb_blurb title=&#8221;Cashflow statement template&#8221; image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2024\/04\/cashflow-statement-template-1.png&#8221; alt=&#8221;Cashflow Statement Template&#8221; admin_label=&#8221;Cashflow statement template&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;84c72f0b-4b93-4a99-a19d-fc01dad3752f&#8221; header_font=&#8221;|700|||||||&#8221; header_text_align=&#8221;center&#8221; header_font_size=&#8221;20px&#8221; header_line_height=&#8221;1.4em&#8221; body_text_align=&#8221;center&#8221; body_line_height=&#8221;1.4em&#8221; background_color=&#8221;#f3f2f6&#8243; text_orientation=&#8221;center&#8221; custom_padding=&#8221;35px|30px|35px|30px|true|true&#8221; border_radii=&#8221;on|15px|15px|15px|15px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Free cashflow statement template for small businesses.<\/p>\n<p><a class=\"et_pb_button\" href=\"https:\/\/www.reckon.com\/au\/small-business-resources\/cashflow-statement-template\/\">Download now<\/a><\/p>\n<p>[\/et_pb_blurb][et_pb_blurb title=&#8221;Quote template&#8221; image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2024\/04\/quote-template-1.png&#8221; alt=&#8221;Point Of Sale Manage Customers&#8221; admin_label=&#8221;Quote template&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;84c72f0b-4b93-4a99-a19d-fc01dad3752f&#8221; header_font=&#8221;|700|||||||&#8221; header_text_align=&#8221;center&#8221; header_font_size=&#8221;20px&#8221; header_line_height=&#8221;1.4em&#8221; body_text_align=&#8221;center&#8221; body_line_height=&#8221;1.4em&#8221; background_color=&#8221;#f3f2f6&#8243; text_orientation=&#8221;center&#8221; custom_padding=&#8221;35px|30px|35px|30px|true|true&#8221; border_radii=&#8221;on|15px|15px|15px|15px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Free quote template for<br \/>\nsmall businesses.<\/p>\n<p><a class=\"et_pb_button\" href=\"https:\/\/www.reckon.com\/au\/small-business-resources\/quote-template\/\">Download now<\/a><\/p>\n<p>[\/et_pb_blurb][et_pb_blurb title=&#8221;Business continuity plan template&#8221; image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2024\/04\/business-continuity-plan-template-1.png&#8221; alt=&#8221;Business Continuity Plan Template&#8221; admin_label=&#8221;Business continuity plan template&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;84c72f0b-4b93-4a99-a19d-fc01dad3752f&#8221; header_font=&#8221;|700|||||||&#8221; header_text_align=&#8221;center&#8221; header_font_size=&#8221;20px&#8221; header_line_height=&#8221;1.4em&#8221; body_text_align=&#8221;center&#8221; body_line_height=&#8221;1.4em&#8221; background_color=&#8221;#f3f2f6&#8243; text_orientation=&#8221;center&#8221; custom_padding=&#8221;35px|30px|35px|30px|true|true&#8221; border_radii=&#8221;on|15px|15px|15px|15px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Free continuity plan template for small businesses.<\/p>\n<p><a class=\"et_pb_button\" href=\"https:\/\/www.reckon.com\/au\/small-business-resources\/business-continuity-plan-template\/\">Download now<\/a><\/p>\n<p>[\/et_pb_blurb][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_button button_url=&#8221;https:\/\/www.reckon.com\/au\/small-business-resources\/&#8221; button_text=&#8221;see all our business resources&#8221; button_alignment=&#8221;center&#8221; module_class=&#8221;alt&#8221; _builder_version=&#8221;4.22.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Invoicing &#8211; FAQs&#8221; module_id=&#8221;faqs&#8221; module_class=&#8221;faqs&#8221; _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px||||false|false&#8221; da_disable_devices=&#8221;off|off|off&#8221; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row admin_label=&#8221;Row&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; header_2_text_align=&#8221;center&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Frequently asked questions<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Row&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; width=&#8221;60%&#8221; width_tablet=&#8221;75%&#8221; width_phone=&#8221;90%&#8221; width_last_edited=&#8221;on|tablet&#8221; module_alignment=&#8221;center&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_toggle title=&#8221;What is a balance sheet?&#8221; admin_label=&#8221;What is a balance sheet?&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; saved_tabs=&#8221;all&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>A balance sheet provides a snapshot of your business\u2019 financial standing at a specific point in time. On one side, your business\u2019 assets are reported, and the other side shows your business\u2019 liabilities and shareholders\u2019 equity.<\/p>\n<p>A balance sheet is important\u00a0because it tells business owners and investors what your company owns and what it owes. It\u2019s an excellent tool to track your business\u2019 worth at any given time and to show the profitability of your business to those who are interested in buying a share.<\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;Why is a balance sheet important for a small business?&#8221; admin_label=&#8221;Why is a balance sheet important for a small business?&#8221; _builder_version=&#8221;4.22.0&#8243; _module_preset=&#8221;default&#8221; saved_tabs=&#8221;all&#8221; global_colors_info=&#8221;{}&#8221;]A balance sheet is important as it provides a snapshot of a business\u2019 financial standing at a specific point in time, and can tell business owners and investors what the company owns and what it owes. While its primary use is to track earnings and spending, a balance sheet can also be an excellent tool to show the profitability of a business to those who are interested in buying a share.<\/p>\n<p>If your business is doing well, investors can take a look at your balance sheet and see if you have a profitable business they\u2019d like to invest in. A balance sheet can also help you diagnose problems, pinpoint financial strengths, and keep track of your business\u2019 financial performance over time.<br \/>\n[\/et_pb_toggle][et_pb_toggle title=&#8221;What are the 5 steps to create a balance sheet?&#8221; admin_label=&#8221;What are the 5 steps to create a balance sheet?&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>There are 5 steps in creating a balance sheet:<\/p>\n<ol>\n<li>Determine the time period you\u2019re reporting on.<\/li>\n<li>Identify your assets as of your reporting date.<\/li>\n<li>Identify your liabilities as of your reporting date.<\/li>\n<li>Calculate shareholders\u2019 equity.<\/li>\n<li>Compare total assets against liability and equity.<\/li>\n<\/ol>\n<p>Make sure to download our free\u00a0<a href=\"https:\/\/www.reckon.com\/au\/small-business-resources\/balance-sheet-template\/\">balance sheet example template<\/a>\u00a0to make things easy!<\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;What are the three main components of a balance sheet?&#8221; admin_label=&#8221;What are the three main components of a balance sheet?&#8221; _builder_version=&#8221;4.22.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]There are three main components of a balance sheet, these include:<\/p>\n<p><strong>Assets<\/strong><br \/>\nAssets represent things of value that a company owns and has in its possession, or something that will be received and can be measured objectively. They are also called the resources of the business, some examples of assets include receivables, equipment, property and\u00a0inventory. Assets have value because a business can use or exchange them to produce the services or products of the business.<\/p>\n<p><strong>Liabilities<\/strong><i><br \/>\n<\/i>Liabilities are the debts owed by a business to others\u2013creditors, suppliers, tax authorities, employees, etc. They are obligations that must be paid under certain conditions and time frames. A business incurs many of its liabilities by purchasing items on\u00a0credit\u00a0to fund the business operations.<\/p>\n<p><strong>Owner\u2019s Equity<br \/>\n<\/strong>A company\u2019s equity represents retained earnings and funds contributed by its owners or shareholders (capital), who accept the uncertainty that comes with ownership\u00a0risk\u00a0in exchange for what they hope will be a good\u00a0return\u00a0on their\u00a0investment.<\/p>\n<p>Our free\u00a0<a href=\"https:\/\/www.reckon.com\/au\/small-business-resources\/balance-sheet-template\/\">balance sheet example template<\/a>\u00a0makes working out the above easy \u2013 try it out now!<br \/>\n[\/et_pb_toggle][et_pb_toggle title=&#8221;Should a balance sheet always balance?&#8221; admin_label=&#8221;Should a balance sheet always balance?&#8221; _builder_version=&#8221;4.22.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]Yes, a balance sheet should always\u00a0balance. The name itself comes from the fact that a company\u2019s assets will equal its liabilities plus any shareholders\u2019 equity that has been issued. If you find that your balance sheet is not truly balancing, it may be caused by one of these culprits:<\/p>\n<ul>\n<li>Incomplete or misplaced data<\/li>\n<li>Incorrectly entered transactions<\/li>\n<li>Errors in currency exchange rates<\/li>\n<li>Errors in inventory<\/li>\n<li>Miscalculated equity calculations<\/li>\n<li>Miscalculated loan amortization or depreciation<\/li>\n<\/ul>\n<p>[\/et_pb_toggle][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; module_class=&#8221;cta&#8221; _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; da_disable_devices=&#8221;off|off|off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row column_structure=&#8221;3_5,2_5&#8243; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;3_5&#8243; _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; custom_css_main_element=&#8221;margin-top:auto;||margin-bottom:auto;&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; background_layout=&#8221;dark&#8221; custom_margin=&#8221;||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Try Reckon One today!<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; background_layout=&#8221;dark&#8221; global_colors_info=&#8221;{}&#8221;]Unlimited invoices. 30 days free. Cancel anytime.<br \/>\n[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.21.2&#8243; _module_preset=&#8221;default&#8221; custom_css_main_element=&#8221;margin-top:auto;||margin-bottom:auto;&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_button button_url=&#8221;https:\/\/www.reckon.com\/au\/accounting-software\/&#8221; button_text=&#8221;try free for 30 days&#8221; button_alignment=&#8221;center&#8221; _builder_version=&#8221;4.22.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Free balance sheet template for small businesses Keep on top of your businesses&#8217; financial standing with our free balance sheet template designed for Australian small businesses. Create a professional balance sheet in minutes Our Australian balance sheet template can save you time &amp; money.Ready to customise with all requirements like assets, liabilities and owner&#8217;s equity. [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":539,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"difl_page_category":[],"class_list":["post-248605","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Balance Sheet Template for Small Businesses | Reckon AU<\/title>\n<meta name=\"description\" content=\"Gain a snapshot of your business\u2019 financials with our free easy-to-use balance sheet statement template from Reckon!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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