Management Accounts - Excel template

This financial template has been specifically designed to simplify the process of analyzing and comparing financial results over a period of three consecutive years. It incorporates annual trial balances and provides the option to link accounts to our pre-defined financial reporting classes. With this template, you can generate automated financial reports such as income statements, cash flow statements, and balance sheets. Moreover, it includes our exclusive financial dashboard.

This template enables users to evaluate financial results for a duration of three years. Users are required to input the appropriate annual trial balances into the template and assign each account on the trial balance to a predetermined financial statement reporting category. The template automatically generates financial reports such as an income statement, cash flow statement, and balance sheet, based on the connected trial balances. Additionally, it compares the figures on the financial reports between annual periods, emphasizing the differences in value and percentage.

The key features of this comprehensive automated financial statement analysis tool include the ability to compare financial statements for three financial years, the flexibility to accommodate any account structure and trial balance format, and the option to easily roll forward or back and add more years for comparison purposes. Additionally, the template can be customized to meet the specific needs of any type of business.