Open Sheets UK Business Tools
Core Bookkeeping Popular

Cash Book with Balance Sheet Template

Everything in the Cash Book plus a full Balance Sheet to track assets, liabilities and your business net worth.

Download Free Template Free download, no signup required

File format: .xlsx (Microsoft Excel, Google Sheets, LibreOffice compatible)

What is it?

What is a Cash Book with Balance Sheet?

A Cash Book with Balance Sheet is a complete bookkeeping system that records your daily income and expenses AND shows your business's overall financial position. It tells you not just what you made this month, but what your business is actually worth — assets, liabilities, and equity — all in one file.

Common use cases:

  • Tracking daily transactions alongside your complete financial position
  • Preparing year-end accounts without hiring an accountant
  • Applying for business loans or finance (lenders often want a Balance Sheet)
  • Understanding whether your business is growing in value over time
  • Submitting accurate figures to HMRC for Self Assessment or corporation tax

When to use this template

  • You want more than just a transaction list — you want to see your net worth
  • You are a limited company or sole trader preparing year-end accounts
  • You need to show financial health to a bank, investor, or landlord
  • You have assets (equipment, stock) or liabilities (loans, credit cards) to track
What's included

What Your Template Contains

Everything you need, pre-built and ready to use. Just enter your data in the blue cells.

12 Monthly Transaction Sheets

Record income and expenses month by month with automatic running balances, just like the standard Cash Book.

Full Balance Sheet Report

Lists everything your business owns (assets) and owes (liabilities), with equity calculated automatically.

Asset & Liability Tracking

Separate sections for fixed assets (equipment, vehicles), current assets (cash, stock), and liabilities (loans, payables).

Inventory Valuation

Track stock or inventory value and see how it affects your overall financial position.

Loan & Depreciation Tracker

Record business loans and calculate depreciation on assets over time.

Multi-Bank Account Support

Track multiple bank accounts, credit cards, and cash holdings in one place.

Benefits

How This Template Helps Your Business

See the Full Picture

Most small businesses only track income and expenses. This template shows you what your business is actually worth — essential for growth decisions.

Loan-Ready Financials

Banks and lenders almost always ask for a Balance Sheet. This template produces one automatically from your transaction data.

Spot Hidden Problems

A Balance Sheet reveals issues a P&L hides — like building debt, shrinking cash reserves, or assets losing value.

How to use

Get Started in Minutes

No accounting knowledge required. Follow these simple steps and you'll be tracking your finances in no time.

Download Template
1

Download the template and open in Excel or Google Sheets

2

Enter your business details, year-end date, and opening balances on the cover sheet

3

Record daily transactions on the relevant monthly sheet (date, description, category, amount)

4

Update the Balance Sheet section with your assets (equipment, stock) and liabilities (loans, credit cards)

5

Review the summary dashboard for profit/loss AND net worth position

6

Use the reconciliation worksheet monthly to match your bank statements

FAQ

Frequently Asked Questions

Quick answers about this template

Ready to Get Started?

Download this free template and take control of your business finances today.

Free download, no email required. Works in Excel and Google Sheets.