Free Budget Templates for Small Businesses — TrulySmall Templates (2024)

FAQs

Does Microsoft Office have a budget template? ›

Microsoft Office Excel budget templates

Save yourself the hassle of setting up rows, columns and formulas by using a pre-made Excel template from Office. Templates include a household expense budget, holiday budget planner and event budget.

Once your Google account is set up, you can explore the wide variety of budget templates available in Google Sheets. These templates are designed to suit different financial needs and preferences. Here are a few types of budget templates you can find: Monthly budget.

DIY with the Personal budget template

This Excel template can help you track your monthly budget by income and expenses. Input your costs and income, and any difference is calculated automatically so you can avoid shortfalls or make plans for any projected surpluses.

A budget spreadsheet can make creating and maintaining a budget easier. A budget spreadsheet can provide an at-a-glance snapshot of your financial picture. You might use a computer program or online templates to make your own budget spreadsheet.

You can download free, pre-built document templates with useful and creative themes from Office when you click File > New in your Office app.

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

Microsoft 365 for the web is a free version of Microsoft 365 that you can use in a web browser. All you need is to sign up for a Microsoft account with a new or existing email address. Use Word, Excel, PowerPoint and more for free on the web.

Pricing. Google Sheets is a completely free way to start budgeting — all you need is a Gmail account.

Google Sheets has a few free budget template options for budgeting, such as an annual budget template, a monthly budget template, and an expense report.

Is Rocket Money free? ›

Rocket Money is a free budgeting app that offers limited budgeting features for no cost. If you want to create unlimited budgets, customize your budget categories or access features like automated savings, you'll need to pay for a Premium subscription, which costs between $4 and $12 per month.

Try the 50/30/20 rule as a simple budgeting framework. Allow up to 50% of your income for needs, including debt minimums. Leave 30% of your income for wants. Commit 20% of your income to savings and debt repayment beyond minimums.

The 70-20-10 budget formula divides your after-tax income into three buckets: 70% for living expenses, 20% for savings and debt, and 10% for additional savings and donations. By allocating your available income into these three distinct categories, you can better manage your money on a daily basis.

1. The zero-based budget. The concept of a zero-based budgeting method is simple: Income minus expenses equals zero. This budgeting method is best for people who have a set income each month or can reasonably estimate their monthly income.

QuickBooks uses your chart of accounts and fiscal year months to format the template. You can use the template to create your budget which ensures that your data is accurate. Note: To format the template, QuickBooks uses account names, and not account numbers from your chart of accounts.

You can create next year's budget from scratch, or use last year's Profit and Loss data to start one. Go to the Company menu and hover over Planning & Budgeting. Then select Set Up Budgets.

Business Budget Template

The template includes columns for labor hours, rate, materials, unit costs, and budgeted and actual figures for tallied over/under figures. Use the template to easily compare budgeted amounts to actual expenses for greater insight into how well you're meeting your budget.