Management Accounting and Coporate Budget Report Excel Template

Description
Management Account Financial Report

This template enables users to compile comprehensive monthly management accounts based on any chart of accounts structures. The management accounts are compiled by linking each account to different levels of reporting group.
The template includes an income statement, cash flow statement and balance sheet and compares the actual results to a budget, previous years on a monthly, quarterly, quarterly-to-date, and year-to-date basis.

All the account need to be included on a cumulative basis in order for the template calculations to be accurate.

The template, namely the actual and budget sheets are provided with information from a hypothetical company, for demonstration purposes that must be replaced for the users own data.

Accounting Mapping Sheets:
In the Accounting Mapping sheets the user must classify each account in it’s trial balance to several reporting class up to four breakdowns. All accounts are automatically included on the income statement, and balance sheet based on the reporting class that is specified for the appropriate account. The template using clever formulae it’s able to automatically perform auto indentions and mapping of the different accounts group to their proper position on the Income Statement and BS statement

Trial Balance Raw Data:

A complete trial balance data must be included on this sheet. All the account balances on this sheet, via sumifs, are automatically updated to the stage sheet (BS and Income statement)

The formulas in columns A to C need to be copied for all the new accounts that are added to this sheet and contain the reporting classes which have been linked to each account on the accounting mapping sheet.

Stage Sheet:
From the stage sheet the user only need to copy the resulting data (IS and Balance Sheet) and paste it in the actual sheet respective column

Actuals:
In this sheet the user can build up historical series for comparison purposes. Except for the Cash Flow statement, all the data results from the paste values from the stage sheet.

Budget:
In this sheet the user can build up historical series for Budgets through the years.

The Income Statement, Balance Sheet and Cashflow are output sheets, and only need to be changed for customizations purposes. The columns A to D need to be copied (or deleted) for all the new (unnecessary) groups that are added (deleted) to this sheet. All the formulas are linked to the actual or to the budget sheets.