If you run a business or are responsible for creating Financial Statements, life just got a little bit easier for you. The Google Apps team has announced that a new Financial Statement template is available in Google Sheets, both for the web and mobile versions of the app. The template comes from the accounting software company Xero and is designed to take your inputs and generate the statements.
Simply access the Financial statements template from the Sheets homescreen, and get started by entering and categorizing your business transactions. The template will automatically update charts and graphs illustrating your company’s sales, expenses, revenue, and more.
This template should speed things up a lot of Google Sheets users who need to make these financial statements.