As my freelancing business started to grow, I found that I was feeling a little out of control of my money. I knew I was making money, but I also knew that I was spending money. And some months, it was really hard to keep track of cash flow in the day-to-day operations without a way to visualize my accounts. Sometimes I felt like I was spending way too much and needed to really see what my cash flow looked like. My CPA and I put together this excel spreadsheet to me VISUALIZE my money each month.

I found it super helpful so I wanted to share it with you. If your small business feels a little chaotic and you're never quite sure where money is coming in or going out, using this spreadsheet and doing a little financial check-in once a month can help you see your business and understand how it operates.

We use this at the end of each month and it helps me see exactly where money came in and also where money was spent. It's like a little cash flow audit each month that helps me feel secure when I'm investing in my business and managing sales!

The cash out/expense categories have been broken down to easily align with Schedule C tax return inputs. If you use this spreadsheet each month, it will make tax time a breeze next year!

The template is built to be customizable to your specific product/services and spending categories. It can also accommodate tracking cash flow from multiple financial sources/bank accounts so if you use a few different accounts to manage your business, that's okay! You can see what each account brought in/spent individually and still get an overall financial picture each month for all accounts using this spreadsheet.

Don't be overwhelmed! We included a whole tab overview with instructions and left helpful hints and reminders in the spreadsheet that you can see as you fill it out!

Organization is helpful - don't overlook it!