How to make balance sheet in excel - youtube

This post illustrates how to create a financial statement such as a balance sheet with built-in Excel features and functions.

Our primary objective is to build a workbook that efficiently pulls values from the trial balance into the balance sheet.

For the purpose of this post, let’s assume we have a data sheet that contains the source data for the report, we’ll call this data the trial balance.

Next, we’ll assume that we need to get the data from the data sheet into the report sheet in an automated way. In order to efficiently retrieve the amounts, or account balances, into the report (balance sheet) we’ll use Excel’s built-in conditional summing function SUMIFS.

If you’ve not explored this amazing function, I wrote a blog post that discusses the SUMIFS Function so feel free to check it out if you would like to review the function’s syntax.

Let’s take a look at the data sheet containing the data for the report, our simplified trial balance.

One challenge that Excel users face when building a repo

how to make balance sheet in excel pdf

how to make balance sheet in excel youtube