Accounting Spreadsheet For Partnership Service Business

Paying for expensive accounting software as a small business owner who is just starting out or in the process of growing your business may not be ideal, especially when you're strapped for cash. What you need is a cost-effective solution that can help you track your business's financial transactions and prepare financial statements. Don't worry because we've got you covered!

Introducing our ACCOUNTING SPREADSHEET FOR SERVICE BUSINESS (PARTNERSHIP EDITION), a great Quickbooks alternative for your small business. This intuitive spreadsheet runs on Microsoft Excel and Google Sheets (separate files) and is specifically designed as a cost-effective accounting solution. With this accounting spreadsheet, you only have to pay once, but you can already use it for life.

With our Accounting Spreadsheet For Service Business (Partnership Edition), you'll effortlessly record your financial transactions, generate financial statements, and analyze them using the charts and financial ratios available in the spreadsheet's financial dashboard. Try our accounting spreadsheet today and experience the benefits that it offers.

BENEFITS OF USING THIS SPREADSHEET:

✔ It uses the "double-entry bookkeeping system" to accurately record your company's assets, liabilities, equity, income, and expenses, making it more than just a simple income and expense tracker.

✔ It can save you valuable time when recording financial transactions and preparing financial statements since you don't have to create a bookkeeping system from scratch.

✔ It is easy to use as almost everything is semi-automated - from the preparation of trial balances to the generation of financial statements. All you need to do is enter the transactions in the accounting journals.

✔ The financial dashboard provides valuable insights and charts, enabling you to easily analyze your financial statements and make important financial decisions to grow your business and increase sales.

✔ You can save money since you don't have to pay for expensive accounting software subscription. By purchasing this accounting spreadsheet, you only have to make a one-time payment, yet you can use it for an extended period until your business requires more advanced accounting software.

✔ Designed and created by a Certified Public Accountant with years of experience in accounting, providing you with confidence that you're performing accounting the right way.

WHO WILL BENEFIT FROM THIS SPREADSHEET?

✔ Bookkeepers and accountants seeking a cost-effective and easy-to-use tool for recording financial transactions and preparing financial statements for their clients/employers.

✔ Small business owners who are just starting out or in the process of growing and are not yet willing to invest in expensive accounting software.

✔ Accounting students in search of a useful tool for studying and analyzing accounting problems.

REQUIREMENTS:

✔ Existing knowledge and experience in basic accounting, bookkeeping, and spreadsheet usage.

✔ Microsoft Excel software to open the .xlsx files.

✔ Google account for creating a personal copy of the Google Sheets file in your own Google Drive.

CONTENTS:

15 sheet tabs as follows:

✔ Setup page tab

✔ Chart of accounts tab

✔ General journal tab

✔ Sales/Revenue journal tab

✔ Accounts receivable cash collections tab

✔ Purchase/Expense journal tab

✔ Accounts payable cash payments tab

✔ Trial balance tab

✔ Income statement tab

✔ Closing entries tab

✔ Post-closing trial balance tab

✔ Balance sheet tab

✔ Statement of cash flows tab

✔ Statement of changes in equity tab

✔ Financial dashboard tab*

*There are slight differences in the charts between the Google Sheets versions and the Microsoft Excel versions

WHAT YOU'LL GET:

➤ Downloadable 1-page PDF file containing a link to access the files for both Microsoft Excel and Google Sheets.

➤ Detailed digital user guide (40+ pages PDF file)

➤ Free Financial Statement Analysis cheat sheet (2 pages PDF file)

➤ A copy of the accounting spreadsheet that contains a sample company with mock data.

NOTE:

➤ The spreadsheet is compatible with any device that has access to Microsoft Excel and Google Sheets.

➤ The financial statements in this spreadsheet can be printed on any paper size. However, some printer adjustments may be necessary to ensure proper content fitting.

➤ Due to the digital nature of this product, returns, exchanges or cancellations are not accepted. No physical items will be shipped.

Read our Terms & Conditions before downloading this product.

DISCLAIMER:

➤ This spreadsheet template is a tool for recording financial transactions and preparing financial statements, but it does not guarantee specific results.

➤ The accuracy and effectiveness of the template depend on the data entered. We do not warrant its completeness, accuracy, or suitability.

➤ Consult with qualified professionals, such as accountants, for personalized guidance.

➤ Use this spreadsheet at your own risk. In no event shall we be liable for any direct, indirect, incidental, special, or consequential damages arising from your use of this product.

➤ Exercise due diligence and seek professional advice when needed.

➤ Neither this product nor Accountdemy are affiliated with Microsoft Excel and Google Sheets.

COPYRIGHT

©Accountdemy 2023. All rights reserved. This digital product and its contents are protected by copyright laws and may not be reproduced or distributed in any form or by any electronic or mechanical means, including information storage and retrieval systems, without permission in writing from the owner. Unauthorized use, copying, or distribution of this product may result in civil and criminal penalties. This digital product is for personal use only.

When you purchase any of our products, you help support our mission of providing valuable accounting tools for accountants, students and business owners around the world.

If you have any questions or suggestions, please feel free to contact us via our Contact page.