how to get balance sheet freely ? suggest me

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Deal Subedar
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Usage: need to give to bank for availing loan.
How to get balance sheet for a shop, free of cost ?
ITR & GST filing is simple and free with cleartax site.
Similarly, I need for balance sheet.
Please suggest.
Auditor asks for 2000 RS :sad:

4 Comments  |  
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Deal Newbie
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Balance sheet needs sign of auditor. So i dont think anyone will give it for free
If sign is not required prepared balance sheet on own and submit

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Deal Cadet
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ami123 wrote:

Balance sheet needs sign of auditor. So i dont think anyone will give it for free
If sign is not required prepared balance sheet on own and submit

True

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Deal Cadet
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Honestly it takes much more efforts than 2k that your auditor is asking. If you want to prepare it on your own you will have to go through each transaction in your bank n cash and classify them as receipt( liability/income) and payments (asset/expenditure) and then present it in a balance sheet format that might be available on google.

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Deal Cadet
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Tjs15 wrote:

Honestly it takes much more efforts than 2k that your auditor is asking. If you want to prepare it on your own you will have to go through each transaction in your bank n cash and classify them as receipt( liability/income) and payments (asset/expenditure) and then present it in a balance sheet format that might be available on google.

Same thinking here, 2k is very reasonable, maybe because op is already his client.

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