Front cover of balance sheet

Farm Balance Sheet Template

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December 9, 2020 - Jon LaPorte<laportej@msu.edu>

A balance sheet is a “snapshot” of the financial health of your farm business at a single point in time.  It lists what you own (assets) and what you owe (liabilities) with the difference between them indicating how much the farm business is worth (owner equity/net worth).   

This document is an Excel based balance sheet for farm businesses.  It is a fillable document with formulas to assist in calculating totals and providing a “printable” form. 

Video recordings that outline the types of information needed in each section of the balance sheet are also available:

Balance Sheet Walkthrough Videos

 

3-24-2022 Update (Version 3):

Accrued interest can now be directly entered to match loan statements.  Reset button to reset to 12 month calculation is provided for quick estimation of total interest due at year-end.  

Template can be "unprotected" without requirement of password.

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Tag List
  • agriculture,
  • balance sheet,
  • farm balance sheet,
  • farm business financial analysis,
  • farm business loans,
  • farm business recordkeeping,
  • farm financial management,
  • farm financials,
  • farm financial statements,
  • farm management,
  • msu extension

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