Balance Sheet Helper — what it does
Builds a basic balance sheet from your assets, liabilities and equity, and checks the accounting equation — Assets = Liabilities + Equity — while summarising the profit and loss position beside it. The check is the feature: a balance sheet that does not balance is a search problem, not a presentation problem.
How to use Balance Sheet Helper
- Enter assets: current and fixed, with their values.
- Enter liabilities and equity, including capital introduced and drawings.
- Read the equation check for both sides and the difference, if any.
- Use the P&L summary alongside the sheet to see whether the difference is an unposted profit.
Worked example: a sheet that is out by exactly the net profit
Assets exceed liabilities plus equity by ₹3,12,000 — which is exactly the year's net profit. That is not an error in the sheet: the profit has not been posted to capital yet. Recognising that pattern is most of the work in getting it to balance.
At a glance
| Builds | Assets, liabilities and equity in one view |
|---|---|
| Checks | Assets = Liabilities + Equity |
| Also shows | A profit and loss summary alongside |
| Where it runs | In your browser; figures stay on the device |
Frequently asked questions
- What is Balance Sheet Helper?
- Build a basic balance sheet from assets, liabilities and equity — check the accounting equation (Assets = Liabilities + Equity) with a P&L summary.
- Is Balance Sheet Helper free to use?
- Yes — Balance Sheet Helper is free to use, with no sign-up, no install and no account.
- Does Balance Sheet Helper upload or store my data?
- No — Balance Sheet Helper runs entirely in your browser, so your text, files and results never leave your device.
- Do I need to install anything to use Balance Sheet Helper?
- No — it works in any modern browser (Chrome, Edge, Firefox, Safari) with no downloads, accounts or plugins.
- Is this a statutory balance sheet?
- No. It is a working check of the accounting equation, which is what most errors get caught by. Companies Act Schedule III formatting for filing still comes from your accounting software.
- What if drawings are negative?
- Enter drawings as a reduction of equity with the correct sign. Getting the sign wrong shifts the difference by exactly twice the amount, which is a recognisable pattern.