Which account codes should I enter to prepare a balance sheet and income statement?

You can enter 3-digit chart-of-accounts codes and related amounts. The tool classifies lines automatically and builds both statements.

What format should the Excel upload file have?

Your file should include at least two columns: column 1 for account code and column 2 for amount. The tool maps these values to report lines automatically.

Why does balance equality matter and how is it checked?

A valid balance sheet requires total assets to equal total liabilities and equity. The tool calculates totals and shows a warning if there is a difference.

Is period profit or loss calculated automatically?

Yes. Based on entered revenue and expense accounts, the period profit/loss is calculated automatically and reflected in the related lines.

Can I export the report as PDF or Excel?

Yes. You can export generated reports in PDF and Excel formats and share them by email if needed.

Does this tool replace official statutory reporting?

This tool is designed for preparation and control support. For official filing and final reporting, professional accountant review is recommended.

Balance Income Statement 2026 | Excel and Automatic Financial Ana...

Accounting-Tax-Reporting

When preparing balance sheet and income statement, checking reconciliation, depreciation and payroll impacts in one flow reduces period-end errors.

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Calculation tools are for informational and preliminary calculation purposes only. Legislative changes may not be reflected immediately in the calculation tools available on the site. They are not binding in official declarations or legal proceedings. They do not replace financial consultancy or legal advice. For definitive results, you can contact me. ozcankutlu.com cannot be held responsible for damages arising from calculation errors or legislative changes.