15+ Free Download Editable Bank Ledger Templates
What is a bank ledger?
Because banks always deal with money, they also have bank ledgers. This document contains information about the transaction history. This is why in this document you will always see the description, date, leftover balance, and many more. In short, its format is similar to basic accounting. The reason why banks provide you a ledger is because it contains monthly statements that you can check whenever you want. However, you can also make your bank ledger using the bank ledger templates.
How Does Ledger Account Use In The Business?
Besides recording financial history, the ledger also contains liabilities, assets, and also the owner’s equity. This also includes expenses and revenues.
In ledger accounting, the transaction will be simplified to be debiting and crediting.
How Do You Create A Ledger?
If you use the double-entry bookkeeping method, then you need the accounting ledger. In this case, the ledgers will break up the financial information from journals to certain accounts such as sales, accounts receivable, and also cash. In this way, you can see all the transactions in a more tidy way. Here are some steps on how to make a ledger.
Create a ledger account
You need to specify what kind of ledger account this is. For example, you create a ledger account for cash. Then the history you create is all about the transaction in cash.
Divide into two columns
You need to divide the columns into two parts. One is for the debit section and another is for the credit section. Make sure you also write down the date and other details for each section.
Enter the information
The next step is entering every transaction from the journal into related columns. If it is about a debit transaction, then write it down on the debit part. If it is about a credit transaction, then you should put it on the credit transaction.
Later, record and write down any transactions to the ledger book once you have written it on your journal books.
If you have different accounts, you must make a full ledger.
Check Out Our Best Bank Ledger Account Templates
Bank Ledger Template Google Sheets
It is a template that you can edit using Google Sheets. This has simple formats that are easy to fill out. If you are new in accounting, this ledger account template is a perfect start.
Checkbook Register Template Excel
If you are looking for the Excel format, this is a good template that you can use anytime. It is a versatile ledger template you can use for various purposes.
Accounting is important for your business. This helps you control the cashflow which later you can use to take decision-related with your business.
Not all people are aware of accounting especially making a ledger account. It helps you find where the missing details. Furthermore, this is a great resource for an investor to see whether a business is developing or not. Download our bank ledger templates and write your ledger.
Printable Bank Ledger Templates Sample