01 July 2023
The person asked me how you prepare the balance sheet in excel. I replied i export the trial then schedules are linked with trial and Balance sheet and P/L items are linked with schedule. Then he said suppose there are various changes in trial then you again put all the fig in trial i said yes he said that it is a very lengthy process.. Don't you know any formula that if any fig is changed then automatically balance sheet is changed ? there are 5000 line items in your trial then how would you manage... Please guide