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Free Accounting TemplatesThat Just Work

Ready-made templates for close management, workpapers, and reconciliations. Download, customize, and start closing faster.

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Accounts Payable

Accrued Expense Roll-forward

Track the beginning balance, new accruals, payments, and ending balance of accrued expenses each period.

AccrualsPayables
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Accounts Payable

Open PO Reconciliation

Reconcile open purchase orders to accrued expenses and follow up on aging items.

Purchase OrdersPayables
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Accounts Payable

Vendor Master Data Review

Periodically review and validate vendor master file data to ensure accuracy and prevent fraud.

VendorCompliance
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Accounts Payable

AP Aging Follow-up Tracker

Track aging of unpaid invoices and follow up on items nearing or past the discount cutoff or due date.

AgingPayables
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Accounts Payable

Expense Allocation Schedule

Allocate shared expenses (rent, utilities, depreciation) across departments or locations based on usage or headcount.

AllocationExpense
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Accounts Payable

Purchase Order Approval Log

Maintain documentation of all purchase order approvals to demonstrate compliance with authorization limits.

Purchase OrdersCompliance
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Accounts Payable

Monthly Bill Review Procedure

Establish a standardized procedure for reviewing all bills received during the month before payment.

BillingPayables
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Accounts Payable

Three-Way Match Verification

Verify that purchase order, receipt, and invoice match before approving payment (quantity, price, quality).

MatchingPayables
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Accounts Payable

Vendor Invoice Dispute Log

Document and track the resolution of disputed invoices including payment holds and vendor communication.

DisputesPayables
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Accounts Receivable

Revenue Recognition Checklist

Ensure each revenue transaction meets criteria for recognition under ASC 606 (performance obligations, consideration, control transfer).

RevenueCompliance
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Accounts Receivable

Contract Review Workpaper

Document the contract review process for significant customer contracts to ensure all terms are identified and recorded.

ContractsRevenue
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Accounts Receivable

Performance Obligation Tracking

Track performance obligations that have not yet been satisfied and will generate future revenue.

RevenueDeferred
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