Moving Company Balance Sheet Template

Move to the Balance Sheet sheet and enter the remaining figures. On the asset side: your current cash balance, any outstanding accounts receivable from jobs invoiced but not yet paid, your packing supplies inventory (a quick physical count of boxes, tape rolls, and pads works fine), and prepaid items like insurance deposits or DOT registration fees. On the liability side: any accounts payable to fuel or supply vendors, accrued wages for the most recent pay period, and the current-year portion of your truck loans. The equity section calculates automatically. If assets don't equal liabilities plus equity, the template flags the imbalance so you can track down the missing entry.

A proper moving company balance sheet organizes assets the way lenders and accountants expect. Current assets should include cash, receivables from recent jobs and any corporate or real estate firm accounts, packing supplies on hand, and prepaid items like DOT operating authority fees and insurance deposits. Non-current assets are your vehicles at net book value — purchase price minus accumulated depreciation — plus major equipment like piano boards and appliance dollies. The liability side mirrors this: current liabilities cover the next 12 months of loan payments, vendor payables, and accrued crew wages; long-term liabilities cover remaining vehicle financing. The difference is owner's equity, which is the true measure of what the business is worth if you paid off all debts today.