Business Accounting
Business Expense
Business Accounting
Business Expense
Excel Templates
Annual Business Budget Template in Excel
This annual business budget template excel is free to use or download. It’s perfect for tracking down your business’ total expenses and revenue on a monthly, quarterly, or yearly basis.
In a small business setting, having a budget template has its endless advantages. It tracks your business’ expenses and revenue and gives you comprehensive details on how your business is doing.
To cover your budget plan for the year, this sample business budget in excel is recommended for you. It’s the perfect tool as it covers both the monthly and quarterly total of your business’s income and spending.
This spreadsheet for expenses includes very basic information such as the monthly income, monthly expenses, NET income, quarterly total, yearly total, operating income, and non-operating income.
It also has various expense areas covering categories like operating expenses, non-recurring expenses, payroll expenses, office supplies, utilities, health/insurance, entertainment, and miscellaneous.
Instructions:
- Enter your business’ monthly income. The first step when using this template is to identify how much your business is making per month. Businesses typically have operating income as well as non-operating income.
Operating income = refers to the income acquired directly from a business’s core operations
Non-Operating income = refers to the income derived from activities not related to an organization’s core business operations, e.g., interest income, donations, etc.
- List down your organization’s expenses. This template includes the most basic expense categories in a business setting. List down your organization’s expenses under any applicable category, be it under operating expenses, non-recurring expenses, payroll expenses, office supplies, utilities, health/insurance, entertainment, or miscellaneous.
Note: The featured expense categories are only examples, therefore, feel free to change them according to your business needs.
Indicate amount for each expense listed. For every expense listed above, its amount should also be indicated on the same row. The template has formulas so calculations are autogenerated.
Review your business budget summary. A summary table is provided at the uppermost part so you can easily get an overview of how much your business is making and spending on a monthly and quarterly basis. A NET income is also featured to display the difference between the total income and expenses.
