Are you running an auto repair shop business? Then, you might use this Auto Repair Shop Bookkeeping Business Bookkeeping template in Excel format to summarize your business into financial statement automatically. Everyone can use it since it doesn’t require any accounting knowledge to generate accounting report. You can move your business data into this spreadsheet easily. It has been adjusted specifically to auto repair shop business model.
Set the spreadsheet and entry your data regularly. Or, if you already have your own cash book, you don’t have to entry each customers transaction. You can fill summary of daily or weekly transactions into this bookkeeping template. It will generate financial statements for one year fiscal period.
There are two product parts in this template. Service and spare parts. You can monitor your inventory in spare part worksheets.
This bookkeeping template fits any models of service and merchandising business. You can try the Demo version with auto repair shop data samples.
Features and How to Use
This auto repair shop bookkeeping template has a menu to help you move between any modules easily. It will serve as application table of contents as well.
Modules in this spreadsheet are divided into six big parts.
Setup
You can set the starting date of your fiscal period and your business name. Date is mandatory since it will be used as references for all the transactions. Other settings are optional. You can set it while inputting your data. Do not have to set from the beginning. You can change prefilled revenue and expenses categories with your own.
Inventory
Here, you can set your spare parts and accessories products. You can select this product in sales and purchase transaction worksheets and cost of goods sold as well as their inventory will be summarized automatically.
Transaction
Sales module is a worksheet to fill your income transaction. It has a simple table to put all your transactions. You can fill it with summary of your transactions, especially if you already have a POS software.
Use channel column to differentiate outlets or advertising channels. Just skip it if you don’t need it. It is optional.
Other income and expenses that are not related with your main business can be filled in other income | expenses module. It has bank account layout. So, you won’t have any difficulties on using it.
Receipt
This module allows you to print receipt, invoice, purchase order or cash receipt.
Account Payable/Receivable
You can track your customer receivable and supplier payable in these worksheets.
Financial Report
There are complete financial statements with standard accounting format; profit and loss, balance sheet, cash flow and equity statements that you can use to evaluate your business. Or, you can use it to present your business to your stakeholders.
Also, there is a Dashboard module to visualize your business situation in one page. If you are running other business, you can try other bookkeeping model. Those are sharing similar platform. But, they have been adjusted to particular business, like hotel, rental, store, restaurant and clinic.
Try the demo version to understand more about this auto repair shop business bookkeeping template.
Using Microsoft Excel to simplify your spreadsheet tasks is not as difficult as you think. I learned how to use it in less than 24 hours and rely on internet to find the solution if I got stuck. I am not an Excel expert, but here are all useful spreadsheets I have collected and created.
