Monthly Trial Balance Summary Template for Excel: Balance Sheet, Income Statement and Monthly Profit

Turn 12 monthly trial balances into one clear view. Paste each month's trial balance once, and this Excel template lines up every account across the year, builds your Balance Sheet and Income Statement for every month, and checks that every month balances.

WHAT IT DOES

• Lines up every account across 12 months, side by side

• Builds a month-end Balance Sheet and a year-to-date Income Statement automatically

• Shows revenue, expenses, net income and net margin for each month

• Checks every month: debits = credits, and Assets = Liabilities + Equity + Net Income

• Flags any trial balance line whose account is not in your chart of accounts

• Includes a chart of revenue and net income by month

WHAT'S INCLUDED

One Excel workbook with 6 tabs:

1. Start Here: simple 5-step instructions and built-in checks

2. Setup: company name and fiscal year start

3. Chart of Accounts: up to 300 accounts, mapped with dropdowns

4. TB Data: paste each month's trial balance (up to 3,000 lines)

5. Monthly Balances: every account across 12 months

6. FS Summary: Balance Sheet, Income Statement, monthly profit and chart

Sample data (January to June) is included, so you can see how it works right away.

EASY TO USE

Yellow cells are for your data, and everything else calculates automatically. The formulas are protected so they can't be overwritten by accident. No password needed, no macros, and no advanced Excel skills required.

PERFECT FOR

Bookkeepers, accountants, small business owners, finance teams, and accounting students who want a clear monthly view of their books.

ABOUT THE CREATOR

Created by Erlinda Pantanilla, an accounting professional with more than 30 years of experience auditing financial records and reconciling accounts.

FILE DETAILS

Format: Microsoft Excel (.xlsx). Instant download. For personal or internal business use; please do not resell or redistribute.

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