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TEMPLATE

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Track how your business value changes over time with this professional Google Sheets template. Monitor how your assets, liabilities, and equity evolve month by month.

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Your trends report shows:

A balance sheet trends report shows how your business's financial position changes over time. It's one of three essential financial statements (along with your income statement and cash flow statement) that shows how what you own (assets), what you owe (liabilities), and your stake in the company (equity) change month to month. 

Whether you need it for planning growth, managing debt, or understanding performance, this crucial document answers the key question: "How is my business growing?"

Successful businesses use trends analysis to spot opportunities, address issues early, and make better long-term decisions.

Growth in business assets

Changes in debt levels

Increasing or decreasing equity

Seasonal patterns and cash flow cycles 

Year-over-year changes

Areas needing attention

Track changes in everything your business owns: 

Current Asset Changes:

• Cash balance patterns
• Accounts receivable collection trends
• Inventory level fluctuations
• Seasonal variations in working capital

Long-term Asset Trends:

• Equipment and property investments
• Asset growth rates
• Investment patterns
• Changes in intangible assets

Monitor how your obligations shift:  

Current Liability Patterns:

• Bill payment cycles
• Credit card usage
• Short-term loan activity
• Changes in payroll obligations

Long-term Liability Changes

• Loan balance reductions
• New financing patterns
• Shifts in long-term debt levels
• Debt-to-asset ratio movement

See how your stake in the business evolves:

• Investment growth
• Retained earnings 
• Investment timing
• Overall business value changes

Watch how this equation changes month by month to understand your business's growth. 

For example:

January: $100,000 = $60,000 + $40,000 

March: $120,000 = $65,000 + $55,000 

June: $150,000 = $70,000 + $80,000

This shows healthy growth: liabilities are stable, and equity is increasing.

Our template makes it easy to track your balance sheet changes:

1. Set up your categories in the Chart of Accounts sheet:

• List your asset accounts (cash, inventory, equipment)
• Add your liability accounts (loans, credit cards, bills)
• Include equity items (owner's investment, retained earnings)

2. Enter your monthly transactions:

• Enter each transaction
• Add the date, a clear description of the item or service
• Select a category from the dropdown menu
• Record the amount paid or received

3. View the Balance Sheet for trends:

• Enter the reporting start date
• Watch your totals calculate automatically
• Compare months side by side
• See side-by-side monthly comparisons
• Share insights with stakeholders

The template automatically ensures your assets equal your liabilities plus equity.

Want to focus on a single month? Try our Balance Sheet Template for a one-month view of your business’s position.

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