Business Financial Management Sheet

A 30-second approach to easily know your numbers

This 30-second approach to managing your finances and accounting will help you easily know your numbers. 

🛡️ Virtually automate your finances and your accounting with this simple sheet.

You don't need an accountant to tell you how your cash flow is doing. With this simple little sheet, you can easily keep track of your finances in few seconds. Plus, you can automate it with your preferred automation tool.

Simply enter new incomes and expenses, in seconds, and let it do the rest for you. This sheet will help you track your goal progress for each month and quarter, and Know how much money you should have at any given moment, to avoid cashflow crisis. It works with almost all kinds of businesses and offers an at-a-glance way to quickly see the big picture.

Watch the explanatory video:

👉 What is the Business Financial Management Sheet?

A 30-second approach to accounting that helps you to easily know your numbers, to stay on track of your finances, without asking your accountant - incomes, expenses, cashflow management, forecasting, goal tracking, bank accounts allocation - and to virtually automate your finances and your accounting with this simple sheet.

The Overview will help you to:
· Analyze your income and expenses over a period of time.
· Find out your monthly and yearly net profit/loss, as well as a clear insight into your business's financial health
· Monitor your progress with the goal you set in place to reach

Using the Forecast function will help you to plan ahead and get a detailed look into what your future holds for each week and know the liquidity of your business to prevent a crisis and reach your goals.

👉 What problem does the Business Financial Management Sheet solve?

Every week, every month and every quarter, when you have incomes and expenses coming in, you also have:
1️⃣ Stay Accountable to Achieve Your Goals;
2️⃣ Allocate Money to Specific Bank Accounts;
3️⃣ Manage Your Cashflow Level to Prevent Insufficiency;
... and so on.

Then, at the end of the year, when you have to spend hours going through all your income and expenses to then give it to your accountant, there are a lot of things to worry about:
1️⃣ Missing Receipts;
2️⃣ Unspecified Currency Exchange Rate;
3️⃣ Forgotten Transactions;
4️⃣ Neglected Money Allocation in Bank Accounts;
5️⃣ Unpaid Taxes;
6️⃣ Achieved Financial Goals;
... the list goes on.

But should all this stop you from running your business effectively? Of course not! That’s why I built the Business Financial Management Sheet.

You no longer have to spend hours trying to figure out your finances in a boring accounting software, or trying to comprehend your accountant's report. The Business Financial Management Sheet can help you in having an easy to digest financial report that is:
1️⃣ Made for Entrepreneurs by an Entrepreneur;
2️⃣ Simple to Learn & Use;
3️⃣ Automatable (Yes, that's a word!);
4️⃣ 100% Understandable & Utilizable for Your Accountant.

👉 What features does the Business Financial Management Sheet have?

With the detailed "Overview" worksheet, you can see per month and per quarter:
✔️ What are your most important Incomes vs Expenses
✔️ What is your Monthly Net Profit/Loss
✔️ What is your Year-to-date Net Profit/Loss
✔️ What is your Break-even point
✔️ What is Remaining for you to reach your set Goal

With the "Forecast" worksheet, you can plan ahead of time for each week:
✔️ What are your planned Incomes to receive
✔️ What are your planned Expenses to receive
✔️ What is your Weekly Net Profit/Loss to prevent any crisis
✔️ What is the Liquidity of your business
✔️ What is Remaining for you to reach your set Goal
✔️ What Income/Expense can you move around to stay afloat

With the "Incomes" and "Expenses" worksheets you can:
✔️ Add a New Entry in a Few Seconds
✔️ Automate it with Any Automation Tool (i.e.: Pabbly, Zapier, Integrately, etc.)
✔️ Indicate Separately the Different Taxes of a Transaction 
✔️ Assign the Percentage Reported for Each Expense
✔️ Know for Each Entry the Amount Allocated in Each Bank Accounts 
✔️ Indicate the Amount in Different Currencies  
✔️ Define an Entry as "Incomplete" to complete it later
✔️ Define an Entry as "Forecast" to plan ahead each week

➕ How to add a new Income or Expense entry?

1. Select the date of the transaction
2. Enter the provider or description of the transaction
3. Enter the amount in your local currency
4. Enter the taxes associated with the transaction (if any)
5. Enter the transaction amount in the original currency (if applicable)
6. Enter the transaction identifier
7. Done. You can now see the transaction in the Overview and Summary worksheets, and you can add additional transaction data if you'd like.

📣 What people says about the Business Financial Management Sheet

"Complexity simplified - I am very happy that I came across what Hugo developed. He meticulously put together a highly effective spreadsheet that I find very useful for my business. At a glance, I have all of my important accounting metrics that I can show my business partners and future investors. What would have taken me hours with lots of hair-pulling frustration has now shortened to mere minutes. He walks you through every step and it's extremely easy to use. I highly recommend you checking it out." - Simon

"Hugo's financial report sheet is comprehensive yet easy to use. At first glance, it may seem overwhelming with a dozen tabs at the bottom of the sheet and hundreds of columns. But you will not need to touch many of them. Just fill in the essentials (income, expenses, goals...) and your financial data will be calculated and recorded automatically. This report sheet is a good starting point for your financial planning." - Ken

"Nice Sheet, Great Support - Google Sheet is getting more powerful each day, and you can automate everything with it. If you want to manage your company's financial statement, then this is the template you should get. Hugo knows his stuff, and he is very responsive. He will also update the sheet immediately to solve your problems. I think this is the sheet you should get, especially if you are a solopreneur or freelancer!" - Leong

"Very comprehensive spreadsheet, great support - I have been looking for something like this to make it easy to get a quick overview of company performance without having to get my accountant involved. Definitely worth the money. Also of mention is the great support and speedy responses from Hugo. Thank you." - David

"It is a solid spreadsheet and I haven't customized the full thing yet but it is very nicely built and does help keep the finances organized!" - Zack

"It's very comprehensive, I like how it all sheets ties to each other, it really goes into details of my finances. It's very very useful!" - Patrick

❓ Questions

If you have any questions, feel free to get in touch at: hugo@hugohamel.com
I'll do my best to get back you ASAP, which should be within few hours (sometimes even minutes! 🙌)

🚨 Feedback & Improvements

The Business FInancial Management Sheet will continue to be improved as I get feedback on it. So, if you have any feedback, addition or improvements in mind, feel free to reach out, and it will be implemented ASAP.

🎉 Looking forward to seeing you step up your financial game!

💰 Affiliate Program
Promote the product and each sales will get you 20% commission.
Apply here: https://hugohamel.gumroad.com/affiliates