Opening Day Spreadsheet

Free Opening Day Spreadsheet

If you are getting ready to have your first day of business, you know how important it is to know what you have up front before you start your day. It is best to get in the habit of keeping great records, especially when it comes to money. A great tool to have for your first day of business is an Opening Day Spreadsheet. This spreadsheet will allow you to record all of your assets and liabilities.

How to Use the Opening Day Spreadsheet

  • The sheet is spiit into two sections. One section is for your total assets and the other is for your total liabilities.
  • Under Total Assets you will see Current Assets and Fixed Assets.
  • The Current Assets list Cash in Bank, Inventory, Prepaid Expenses, and Other. Then, you will have a Total of all the costs.
  • The Fixed Assets lists Machinery and Equipment, Furniture and Fixes, Leasehold Improvements, Real Estate/Buildings, and Other. Then, there is a Total for those listed assets.
  • Under Total Liabilities you will see listed Current Liabilities and Long-Term Liabilities.
  • The Current Liabilities lists Accounts Payable, Taxes Payable, Notes Payable, Current Portion Long-Term Debt, and Other current Liabilities. Then, you will have a total of all the liabilities.
  • The Long-Term Liabilities lists Bank Loans Payable, Less: Short-Term Portion, Notes Payable to Stockholders, Other long-term debts. Then, you will have a total of all the liabilities.

Tips for Using the Opening Day Spreadsheet

  • The total assets sections can be changed or edited to what you need for your opening day.
  • The total liabilities sections can also be changed to fit your needs.
  • The top of the spreadsheet will give you the total amount combined for each section.

The Opening Day Spreadsheet is easy to use and is completely customizable to fit your needs. You can get this spreadsheet by simply downloading it from this page. It is free to you and can be downloaded now in just a matter of seconds. Be sure to help your business stay on track with your Opening Day Spreadsheet.

Download: Opening Day Spreadsheet

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