Accounting Financial Tracker
Accounting Financial Tracker
The tracker is designed to monitor and manage various financial aspects of a business, including income, expenses, assets, liabilities, and equity. This template is structured to provide a clear overview of your financial situation, allowing for detailed tracking and analysis.
I. Income Tracker
|
Date |
Transaction ID |
Description |
Category |
Amount |
Payment Method |
Notes |
|---|---|---|---|---|---|---|
|
2050-08-01 |
TRX-001 |
Sale of Product A |
Sales Revenue |
$5,000.00 |
Credit Card |
Paid in full |
|
2050-08-03 |
TRX-002 |
Consulting Services |
Service Income |
$2,500.00 |
Bank Transfer |
Net 30 payment terms |
II. Expense Tracker
|
Date |
Transaction ID |
Description |
Category |
Amount |
Payment Method |
Notes |
|---|---|---|---|---|---|---|
|
2050-08-02 |
EXP-001 |
Office Supplies |
Office Expenses |
$200.00 |
Credit Card |
Purchased from Staples |
|
2050-08-05 |
EXP-002 |
Website Hosting |
IT Expenses |
$120.00 |
Bank Transfer |
Annual subscription |
III. Asset Tracker
|
Asset ID |
Asset Name |
Category |
Purchase Date |
Purchase Price |
Current Value |
Depreciation |
|---|---|---|---|---|---|---|
|
AST-001 |
Office Building |
Real Estate |
2050-05-15 |
$250,000.00 |
$230,000.00 |
$20,000.00 |
|
AST-002 |
Company Vehicle |
Transportation |
2050-03-20 |
$30,000.00 |
$25,000.00 |
$5,000.00 |
IV. Liabilities Tracker
|
Liability ID |
Liability Name |
Category |
Start Date |
Principal Amount |
Outstanding Balance |
Interest Rate |
Monthly Payment |
|---|---|---|---|---|---|---|---|
|
LBL-001 |
Business Loan |
Long-term Debt |
2050-01-15 |
$100,000.00 |
$60,000.00 |
5.5% |
$2,500.00 |
|
LBL-002 |
Credit Card Debt |
Short-term Debt |
2050-08-01 |
$15,000.00 |
$13,000.00 |
18% |
$500.00 |
V. Equity Tracker
|
Date |
Transaction ID |
Description |
Equity Category |
Amount |
Notes |
|---|---|---|---|---|---|
|
2050-01-01 |
EQT-001 |
Owner's Capital Injection |
Owner's Equity |
$50,000.00 |
Initial capital injection by owner |
|
2050-07-15 |
EQT-002 |
Retained Earnings |
Retained Earnings |
$25,000.00 |
Retained earnings from FY 2050 |
VI. Summary Financial Dashboard
1. Total Income vs. Total Expenses
|
Category |
Amount |
|---|---|
|
Total Income |
$11,200.00 |
|
Total Expenses |
$8,820.00 |
|
Net Income |
$2,380.00 |
2. Assets and Liabilities Summary
|
Category |
Amount |
|---|---|
|
Total Assets |
$273,000.00 |
|
Total Liabilities |
$136,000.00 |
|
Net Equity |
$137,000.00 |
3. Equity Breakdown
|
Equity Category |
Amount |
|---|---|
|
Owner's Equity |
$50,000.00 |
|
Retained Earnings |
$25,000.00 |
|
Shareholder Equity |
$10,000.00 |
|
Total Equity |
$85,000.00 |
